Can you suggest some good mid and small cap funds

My Query is that I short listed two funds to invest Lumpsum and these are Mirae Asset Emerging Bluechip Fund and DSP Blackrock Micro cap fund. Now as I have came to know that you cannot invest Lumpsum in these funds. So can you suggest how can I invest in these funds as I don't want to do an SIP. Or if not possible then which are the other best funds to invest Lumpsum as compared to these funds which give almost same return. I am looking forward for long-term investment that is more than 5 years?

May 12, 2017 by Milan Bhunatar, Ahmedabad | Mutual Fund

You are right, you cannot invest lump sum amount in these two funds. However, you can invest through SIP or STP in Mirae Asset Emerging Bluechip Fund with a limit of Rs 25,000 per transaction. But as you do not want to invest through SIPs, you may like to invest through STP. In case you are interested in investing through STP, you should first invest the lump sum amount in Mirae asset Cash Management Fund and then transfer to Mirae Asset Emerging fund either weekly or monthly within the cap of Rs 25,000 per instruction.

DSP Black Micro Cap Fund is not accepting SIPs as of now.

The other top performing funds in mid and small cap category are - Reliance Small Cap Fund, Franklin India Smaller Companies Fund, Birla Sun Life Pure Value Fund and L&T India Value Fund. However, whether any of these funds or all of the funds will give superior return in future, compared to Mirae Asset Emerging Bluechip Fund and DSP BlackRock Micro Cap Fund, can not be predicted now.

Thanks for writing to Advisorkhoj.

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