News From Press Kotak AMC files for new multicap fund

Kotak AMC files for new multicap fund

In September, Sebi had surprised the mutual fund industry by coming out with a new circular on multicap funds, specifying that such schemes must invest 25% of their assets in large, mid- and small-cap companies, respectively

Mint Jan 23, 2021

Kotak Mahindra Asset Management Company (AMC) has filed papers with the Securities and Exchange Board of India (Sebi) for a new multi-cap fund. This, when its existing Kotak Standard Multicap Fund is set to become a flexicap fund.

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