Sebi’s recent circular asset allocation framework for multi-cap stock mutual funds has skyrocketed small-cap stocks. The Nifty Small-Cap 100 Index jumped 5.2% in trading on Monday. The Nifty Midcap 100 Index is up more than 2%. Market analysts are expecting large purchases in small and mid-cap spaces by mutual fund …
Read More »‘Expect healthy returns on small and mid-cap funds’
Sebi changed the portfolio allocation rules for multi-cap equity mutual fund schemes on Friday. Under the new rules, multi-cap mutual funds must invest at least 75% in stocks. Currently, the minimum capital allocation must be 65%. Also, in the future, these schemes will have to invest at least 25% each …
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