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SEBI Lists Options Multi-Cap Funds Have To Comply With New Rule

SEBI issues a clarification on its new limits for multi cap schemes

Vishwanath Nair
The logo of Securities and Exchange Board of India (SEBI) is pictured on the door handle of a corference room at the market regulator hearquarters in Mumbai, India. (Photo: BloombergQuint)

After fund managers raised concerns about the new rule on allocations within multi-cap funds, the market regulator clarified that the change was necessitated because of skewed portfolios and asset managers will be given multiple options to comply.

Also Read: SEBI’s Multi-Cap Fund Rule: Won’t Buy Small, Mid Caps If It Doesn’t Make Sense, Says Nilesh Shah

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Vishwanath Nair
Vishwanath is Editor- Banking at NDTV Profit. He started working as a busin... more
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