Investing in Multi-Cap Funds

We have watched the mutual fund industry evolution in a variety of ways, whether in terms of products or rules. In October 2017, the Securities and Exchange Board of India (SEBI) issued a circular requiring mutual fund companies to have a standardised category with established requirements. This was a very welcome step by SEBI since it allowed investors to accurately identify the category and make a decision based on the characteristics of distinct categories. It also ordered the asset management companies (AMC) to have no more than one fund in each category. This also helped to reduce unneeded misunderstanding among investors.