Around six mutual fund NFOs from ETF, multi cap fund, small cap fund, and thematic fund categories will open for subscription this week, as per ACE MF data. JM Small Cap Fund’s NFO opens on May 27, managed by Asit Bhandarkar, Chaitanya Choksi, and Gurvinder Singh Wasan.
Understanding the high EV to MCAP Ratio
The EV to MCAP ratio assesses a company’s valuation by factoring in debt and cash reserves. A high ratio signals high leverage or strong cash