Mutual funds must comply with the Sebi directive on portfolio composition of multi cap funds by January 2021. The change could lead to an estimated outflow of Rs 40,600 crore from large cap stocks to mid-caps (Rs 12,900 crore) and small caps (Rs 27,700 crore).
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‘Sebi move is positive for stock markets, mutual fund investors’
Reviewed by Insurance Advisor
on
September 16, 2020
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