scorecardresearchLooking to invest in MFs? ICICI Direct picks 5 small-cap mutual funds for 2023

Looking to invest in MFs? ICICI Direct picks 5 small-cap mutual funds for 2023

Updated: 28 Dec 2022, 02:08 PM IST
TL;DR.
Brokerage house ICICI Direct, in its year-end mutual fund review, noted that if overall markets do not witness a significant correction, midcap/small-cap funds may continue to outperform. The brokerage has listed 5 small-cap equity mutual fund picks for the upcoming year. It's important to note that small-cap funds are suitable for investors looking to invest money for at least 3-4 years and seeking very high returns. At the same time, these investors should also be ready for the possibility of higher losses in their investments. Let's take a look at ICICI Direct's top 5 small-cap MF picks: