2899: Simply Save | What should you do with your multi-cap fund?
On September 15, SEBI ruled that multi-cap mutual fund schemes will have to invest at least 25 percent each in large-cap, mid-cap and small-cap stocks. This has thrown a lot of multi-cap funds in a tizzy as many have always invested a significant chunk in large-cap stocks and very little or negligible money in small-cap stocks. Swarup Mohanty, chief executive officer of Mirae Asset Global Investments (India) talks to Kayezad E. Adajania, Moneycontrol’s personal finance editor on this podcast episode of Simply Save to guide investors on what the fate of these funds are.
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