Ch.5 · SID, SAI and KIM Documents · hard
As per SEBI's 2017 categorisation, how is a 'large and mid cap fund' defined?
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EXPLANATION
As per SEBI's 2017 categorisation, a large and mid cap fund must invest at least 35% of its total assets in large cap companies (top 100 by market cap) and at least 35% in mid cap companies (101st–250th by market cap). The remaining 30% provides flexibility to the fund manager.
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