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Mid cap schemes invest in mid cap stocks or in stocks of medium-sized companies. As per Sebi norms, mid cap schemes are mandated to invest in companies that are between 101 and 250 in market capitalisation.
Flexi cap mutual funds offer the fund managers the freedom to invest across market capitalisations and sectors/themes. It means the fund managers can invest anywhere based on his outlook on the market.
Tax saving mutual funds or ELSSs invest in stocks. Therefore, they have a very high risk. You should be aware of this aspect, especially if you are a first-time investor in equity mutual funds.
Here are our recommened large cap schemes you can consider investing to achieve your long-term financial goals. Follow our monthly updates to keep track of your investments.
Lauryn Hill, Megan Thee Stallion & more will perform at the 2023 Global Citizen's Festival in New York City to raise awareness about poverty & sustainability.