2020
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
RBI
|
|
|
SEBI
|
|
|
SIDBI
|
|
|
None of these
|
Detailed explanation-1: -SEBI Issues New Rules For Multi-cap Funds. What Should The Investors Do? On September 11th, the Securities and Exchange Board of India (SEBI) released a circular which called for a material change in the portfolio structure of Multi-cap funds.
Detailed explanation-2: -As per Sebi norms, multicap funds are those which have to invest 25% of their portfolio in each capitalisation category. This means at least 25% each in large-cap companies, midcaps, and smallcap companies.
Detailed explanation-3: -What are Multi Cap Funds? As the name suggests, Multi Cap Funds invest their corpus in a portfolio of equity and equity-related stocks of companies with varying market capitalizations. So, in a Multi Cap Fund, you will find investments in large-cap, small-cap, and mid-cap companies.
Detailed explanation-4: -SEBI is an umbrella governing body that has rules and regulations with respect to various securities in the stock markets. AMFI on the other hand is specific to the mutual fund industry.