Most mutual fund investors are familiar with four equity fund categories: largecap, midcap, smallcap, and multicap or diversified schemes. However, after the recent re-categorisation and rationalisation drive by Sebi, there is a new equity mutual fund category: large and midcap schemes. These schemes, as the name suggests, would invest in a mix of large and mid-sized companies. Before re-categorisation, most multicap schemes used to follow this investment strategy - some would have a tint exposu ..
