The Direxion Monthly Small Cap Bull 2X Fund (DXRLX) is a mutual fund that seeks to provide investors with double the daily performance of the Russell 2000 Small Cap Index. This fund utilizes a leveraged strategy, meaning it uses borrowed funds to increase its exposure to small cap stocks. This can potentially lead to higher returns, but also carries a higher level of risk. The fund is rebalanced on a monthly basis, making it suitable for investors looking for short-term growth opportunities in the small cap market.