SEBI then announced that Multi Cap Funds are required to hold at least 75% of their assets in equity and equityrelated instruments at any point in time. Further, the portfolio must allocate at least 25% of its assets to large-cap stocks, 25% to midcap stocks, and another 25% to small-cap stocks. When the industry protested, SEBI back-tracked and created yet another category named Flexi-Cap Funds.
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Peter Dinklage joins Roofman
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