After the re-categorisation of mutual funds by market regulator SEBI, many advisors are recommending the multicap fund category to investors.
What are multicap funds?
These are diversified mutual funds which can invest in stocks across a range of market capitalisations. As per regulatory mandate, these funds need to have a minimum investment in equity and equity related instruments of 65%. Their portfolio comprises of large-cap, mid-cap and small-cap stocks. They m ..