Question

7. What is the new category introduced by SEBI (Securities and Exchange Board of India)
under equity schemes?​

Answer 1

Answer:

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Securities and Exchange Board of India (Sebi) has given a green signal to the introduction of a Flexi cap category in mutual funds.

Schemes in this category are required to invest at least 65% of their corpus in equity.

Unlike the new multi-cap funds, there is no restriction in terms of allocation to any market cap.

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