Temper volatility in mid and smallcaps with multicap funds
Business Standard|July 18, 2024
Diversified equity portfolios tend to reward investors in the long term.
SARBAJEET K SEN

Indian mutual fund investors appear to have embraced this approach. According to the latest data from the Association of Mutual Funds in India (Amfi), multicap funds received net inflows of 4,708 crore in June 2024, the highest among diversified equity schemes. Meanwhile, Franklin Templeton Asset Management Company (AMC) has launched the new fund offer (NFO) of Franklin India Multicap Fund.

"Multicap funds are a good choice for investors since they provide a fair distribution of exposure to large, mid, and small companies. Value and growth are well-balanced in multi-cap fund portfolios," says Manish Lodha, equity fund manager, Mahindra Manulife Mutual Fund.

A diversified offering

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