MULTI CAP FUNDS - A MULTI-CUISINE BUFFET
The New Indian Express|November 25, 2024
To qualify as a genuine all-rounder in cricket, one must not only be able to bat and bowl well but also field well.
ASHOK KUMAR
MULTI CAP FUNDS - A MULTI-CUISINE BUFFET

Kapil Dev and Ravindra Jadeja are two Indian cricketers who fit this description well. Multi-Cap funds are similar. As its title suggests, they are equity mutual funds that do not focus on a particular capitalisation category of companies but invest across multiple sectors and capitalisations. This makes them more diverse, providing balanced exposure when compared to other traditional equity mutual fund schemes like Large or Mid-Cap or Small-Cap funds.

In September 2020, the Securities and Exchange Board of India (SEBI) revised its earlier norms and asked the fund houses to invest a minimum of 25% each in large-cap, mid-cap, and small-cap stocks in their respective multi-cap schemes. The remaining portion that the fund has can be invested across market-caps or in debt and money market instruments.

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MÁS HISTORIAS DE THE NEW INDIAN EXPRESSVer todo
MOP Vaishnav win 20th consecutive title
The New Indian Express

MOP Vaishnav win 20th consecutive title

MOP Vaishnav College secured the 20th consecutive rolling trophy with their stellar performance by winning the women's overall title at the 56th Dr Sir A Lakshmanaswamy Mudaliar athletics meet organised by the University of Madras at Jawaharlal Nehru Stadium, Chennai.

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Rohit & Co call on Oz PM ahead of practice tie
The New Indian Express

Rohit & Co call on Oz PM ahead of practice tie

AUSTRALIAN Prime Minister Anthony Albanese on Thursday hosted a reception for the travelling Indian cricket team ahead of their two-day pink-ball practice match against PM's XI here from November 30.

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India in line to host 'very major event in 2025, says top FIDE official Sutovsky
The New Indian Express

India in line to host 'very major event in 2025, says top FIDE official Sutovsky

THE world governing body for chess (FIDE) could be set to host a 'very major event' in India in 2025.

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1 min  |
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MIND AT REST, EYES ON NEXT MOVE
The New Indian Express

MIND AT REST, EYES ON NEXT MOVE

With three games of the chess World Championship done, some themes are emerging from the tournament. A look...

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3 minutos  |
November 29, 2024
PCB does not want Hybrid CT; ICC board to meet today
The New Indian Express

PCB does not want Hybrid CT; ICC board to meet today

A day before an all-important ICC board meeting scheduled to be held virtually to finalize the schedule of the 2025 Champions Trophy, the Pakistan Cricket Board on Thursday afternoon has conveyed to the world governing body that the hybrid model is not acceptable to it.

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2 minutos  |
November 29, 2024
Doping shocker again in tennis: Swiatek accepts one-month ban
The New Indian Express

Doping shocker again in tennis: Swiatek accepts one-month ban

In another high-profile doping case in tennis, five-time Grand Slam winner Iga Swiatek accepted a one-month ban for failing a test.

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1 min  |
November 29, 2024
GCCs to pay 50% higher salary than non-tech sectors
The New Indian Express

GCCs to pay 50% higher salary than non-tech sectors

Data scientists, full-stack developers in demand

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1 min  |
November 29, 2024
No delays in banking, Aadhaar OTP messages due to new traceability rules
The New Indian Express

No delays in banking, Aadhaar OTP messages due to new traceability rules

THE Telecom Regulatory Authority of India (TRAI) has assured consumers that there will be no disruptions in the delivery of essential net banking and Aadhaar OTP messages starting December 1, as the new traceability rules are implemented.

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1 min  |
November 29, 2024
The New Indian Express

GAIL, INEOS revive PTA plant in M'luru

GAIL (India) Limited, via wholly-owned subsidiary GAIL Mangalore Petrochemicals Limited (GMPL), has re-engaged process licensor INEOS to support revival of its 1.25 million tonne per annum purified terephthalic acid (PTA) manufacturing plant in Mangaluru.

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1 min  |
November 29, 2024
The New Indian Express

Godrej Enterprises Group sees revenue in excess of ₹20,000 crore by 2032

GODREJ Enterprises Group (GEG), new entity carved out of the 127-year-old group after the brothers Adi and Jamshyd amicably divided the group this April, expects its revenue crossing ₹20,000 crore by the turn of 2032 from current ₹16,000 crore.

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1 min  |
November 29, 2024