Kotak AMC’s fund manager Devendar Singhal believes 2025 will see challenges on the earnings front, and wealth creation will not be easy. This year, his multi-cap fund had bet on contruction, smaller PSU Banks and select automotive names.
Multi-cap funds are bound by SEBI regulations to diversify across large-cap, mid-cap and small-cap stocks. Due to their illiquid nature, multi-cap funds have a large holding of small-cap stocks
All time high inflows suggest that the third wave has not dampened investors’ enthusiasm for equity mutual funds
Fund managers can now simply reclassify their old multi-cap fund as a Flexi cap fund without realigning their portfolio
In this edition of the Explained Series, Moneycontrol's Shraddha Sharma explains the new mutual fund rules and how the industry reacted to the change.
Many economists are pointing towards a ‘K’ shaped recovery because of an increasing divergence amongst segments of the economy that are recovering and segments that are not.