A Matter of Caps! | Thursday, October 8, 2020 Print Recently SEBI modified its asset allocation rules of multi-cap mutual funds under the pretext that the existing funds under this category are not ‘true to label’. This has created quite a bit of confusion among investors and mutual fund houses instead of clarity. Further, it comes merely three years after a complete overhaul was undertaken by the regulator to categorise and rationalise mutual fund schemes. Looking at the current structure and allocation of the equitydedicated mutual funds, I find that the purpose with which this category was launched is being defeated. To read the entire article, you must be a DSIJ magazine subscriber. Current print subscribers click here to login Subscribe now to get DSIJ All Access Comments are only visible to subscribers.