We are excited to announce that you can now create mutual fund smallcases on the Publisher Platform. This article covers some important points regarding the same:


  1. Process for Creation

MF smallcases can be created using the same Publisher platform a/c credentials. The process for smallcase creation is the same as Indian stock/ETF SCs. To create an MF smallcase, simply select “Mutual funds” as the constituent type in STEP 1 of the creation flow


Please refer to the following help articles for more details on the smallcase Creation process : 


All the meta information for the MF smallcase will follow the same guidelines as the INEQ smallcases. Please find all the details here:


  1. Allowed Schemes

For MF smallcases, we only support schemes which are direct, open-ended growth options allowing lump-sum investments. 

You can also download the list of supported schemes from STEP 2 of the creation flow, as highlighted below. The universe of allowed schemes gets updated at a daily frequency, so we’ll advise you to keep checking for the same whenever creating or rebalancing a smallcase.


  1. Returns and Ratios Calculation

The returns and ratios calculation for mutual fund smallcases work in a similar way as equity smallcases. However, one important distinction is that it takes ~3 business days (from the date of publishing) for the first 2 index points to be generated for a mutual fund smallcase. 
This is because NAVs of mutual schemes are only updated on a T+1/T+2 basis, depending on the scheme type.

Hence, please account for the same when publishing any MF smallcase.


  1. Supported Order types 

All order types for INEQ smallcases will be supported for MF smallcases as well and will work on a similar logic unless specified otherwise. Order types that will be supported include Buy, Exit, Partial Exit, Invest More, SIP, Manage, etc. 


  1. Listing Guidelines on smallcase app/.com

Similar to the stock/ETF smallcases, Mutual Fund smallcases will also be listed on smallcase app/.com subject to certain guidelines : 

  • MF smallcases created by Manager become eligible for listing once the Manager crosses 100 cumulative subscriptions across all of their MF smallcases  

  • Pricing guidelines : 

    • Minimum pricing for MF smallcases will be INR 150 per month (including taxes)

      • This is different from stock/ETF smallcases which had a minimum pricing at INR 250 per month (including taxes)

    • For smallcases listed on app/.com, Managers will not be able to create an offer that reduces the plan amount to less than INR 150 per month

  • All existing listing guidelines for stock/ETF smallcases will continue to be applicable on MF smallcases as well


NOTE: Currently we only support new MF smallcase creation flows. Rebalance flows for mutual fund smallcases are being built & will go live soon. An announcement will follow for the same.