SEBI, Multi-Cap Funds and Investors
A circular issued by the capital market regulator, Securities and Exchange Board of India (SEBI), on September 11, 2020, states that multi-cap funds need to allocate at least 25 per cent of their portfolios in large-cap, mid-cap and small-cap stocks each by February 2021. How will this impact the mutual fund industry and, in particular, the investors? DSIJ presents detailed insights into what is and what will be
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