SBI Multicap Fund which closed its new fund offer (NFO) on Monday has collected Rs 7,500-8,000 crore in the fund. Officials in the industry stated that this is the highest ever collection seen in the multicap schemes.
SBI Multicap Fund, an open-ended equity scheme will be investing in a mix of best ideas across large, mid, and small cap companies identified through a robust research process. The NFO opened on February 14, 2022 and closed on February 28, 2022.
