SBI MF, DSP MF open small-cap funds for lump sum flows amid correction

Lump sum investments are tactical infusions one can make at any point, based on his view. They differ from SIPs in which investments are made on a monthly basis

SBI Mutual Fund (MF) and DSP MF opened their small-cap funds for accepting lump sum investments amid a sharp correction in valuations of small-cap stocks. 

Lump sum investments are tactical investments, which an investor can make any time. This is in contrast to systematic investments, which are routed through systematic investment plans or SIPs on a monthly basis.

Starting Monday, SBI Small Cap Fund allowed lump-sum investments until it received net inflow of up to Rs 1,000 crore from the date of opening the scheme for lump-sum subscriptions. SIPs were allowed in the scheme with certain caps. From April 1,