PGIM India Mutual Fund and Bajaj Finserv Mutual Fund have introduced their respective Large & Midcap Funds, following a trend of other asset management companies launching similar funds. These funds provide a combination of stability and growth potential by investing in both large & mid-cap stocks.
There were around 26 schemes in the large & mid cap category during the first half of the year (January to June). All the schemes in the category offered positive returns in the six-month period.