Five smallcap mutual funds have turned a monthly SIP of Rs 10,000 into over Rs 1 crore in the last 15 years. Notable performers include SBI Small Cap Fund and DSP Small Cap Fund. However, small cap schemes are risky and suitable only for investors with high risk appetite and long-term investment horizons.
REC, PFC shares rally up to 3% after Morgan Stanley initiates coverage with overweight rating
The global brokerage has assigned a price target of Rs 485 for REC and Rs 508 for PFC, indicating potential gains of 23% and 21%,