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Kochi, May 7

DSP Merrill Lynch Fund Managers has launched DSP Merrill Lynch Micro Cap Fund, a three-year close-ended equity growth scheme in the Kerala market. The new fund offer will close on May 25. Mr V. Girish, Vice-President (Sales), said Micro Cap stocks offer an opportunity for investors to participate in a variety of entrepreneurial ventures that hold the potential for high growth over medium to long term. Micro cap stocks comprise a large pool of varied, uncorrelated stocks which are relatively unknown and under researched. Building a portfolio of such companies requires proven expertise in equity fund management and stock piling, he said.

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