The most common terms can sometimes be the most confusing or misleading. Take the case of a diversified equity fund. Your distributor says you must invest in one. Your fund house says it’s the most basic of all equity funds and you must invest in it. But what exactly is a diversified equity fund? Where to find it and how to make money from it? Is it a multi-cap or a flexi-cap fund? If yes, then isn’t a large-cap or a mid-cap fund diversified? It’s important to know what this term diversified equity fund means because that’s what a typical adviser sells to most of us, especially if we are first-time mutual fund investors.
ETFs trade like small-cap stocks as SEBI bans MFs’ overseas investment
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