Mutual fund (MF) houses have started releasing a Sebi stress test report, mentioning the number of days they will require to liquidate 50% and 25% of their mid-and-small-cap schemes portfolio. This move came after the market regulator asked MFs to frame a policy to protect investor interest during the market crash and redemptions.
Nippon India Small Cap, the largest scheme in the small cap category based on assets managed, will take 27 days to liquidate 50% portfolio, while Quantum Small cap Fund, the smallest scheme in the small cap category, will be able to liquidate 100% of its portfolio holdings in one day.
