Stay updated with breaking news from Multi Cap Funds. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Equity mutual funds invest mostly in equity or stocks. According to Sebi, the mutual fund regulator, these schemes should invest at least 65% in stocks. They are further divided into ten categories, based on their investment universe and investment strategy, and investment style, and so on.
The investment objective of the scheme is to provide long-term capital appreciation / income by investing across market capitalisations and managing a diversified portfolio of large cap, mid cap and small cap stocks.
The scheme may suit the needs of an investor with a high-risk profile as it offers higher allocation to small-cap stocks
According to AMFI data for July, multi-cap funds witnessed net inflows worth Rs 2,500 crore, while flexi-cap funds saw outflows to the tune of Rs 932 crore.
Around 10 new fund offers were index schemes. Index Funds - Other category included index schemes based on Nifty Smallcap 50 Index, Nifty 500 Value 50 Index, Nifty Microcap 250 Index, and Nifty Financial Services Ex-Bank Index.