SEBI has introduced a new category of mutual funds called 'flexicap' funds. The term is hardly a new one for mutual fund investors as there have been funds with this term in their name for many years now. Moreover, the actual funds under the category are also likely to be a new set. All, or almost all, of the funds that have been in the 'multicap' category so far will shift over to this new category. Understanding the multi/flexi story is important for investors who like to be on top of what's happening in their investment portfolios.
Insurers receptive to covering chronic ailments, declare PEDs honestly
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