WhiteOak Capital Mutual Fund has restricted investments into its Multicap Fund from October 4, making it the first scheme in this category to limit flows.
The asset manager said the scheme with assets of Rs 489 crore, which was launched in September, will not accept lump sum investments but will continue to accept money through Systematic investment plan (SIP) or Systematic Transfer Plans (STPs). The move comes in the wake of the recent sharp rally in mid-cap and small-cap stocks, which ..
