On Sept 11, 2020 (yes, 9/11), SEBI issued a circular redefining market cap exposure limits for multicap funds. SEBI now wants multicap funds to adhere to a structure where it invests minimum 25% each in large, mid and small caps. The balance 25% can be invested anywhere. This is in a departure from the status […]
Axis Global Equity Alpha FoF – NFO review
Axis Mutual Fund has come out with a New Fund Offer for Axis Global Equity Alpha FoF with an aim to provide investors an option to diversify in a portfolio of global equities. With this, Axis MF also makes a foray into a dedicated fund for international investing. Hitherto, Axis Growth Opportunities Fund (a large […]
The curious case of PGIM India Global Equity Opp Fund
PGIM India Global Equity Opp Fund – Naam to suna hoga! The fund has been hitting the roof with the stupendous returns putting all other international themed funds to shame. This is how a lay investor sees it. “Why didn’t I hear much about this fund before?” That’s where it gets interesting. As per the […]
Multi Asset funds – Should you invest?
For a long time mutual fund houses were busy selling the equity upside and how a large, mid, small or multicap fund matters to an equity starved portfolio. They were right about the allocation but they could not guess the deep strike the markets did on these portfolios and left investors wondering if they should […]
A large cap fund better than Mirae Large Cap & Axis BlueChip?
Given that a large cap fund invests in stable, revenue and cash flow generating businesses which have large market share and resources to navigate tough times such as now, it is considered one of the relatively safer investment options in equity. However, as an investor, you are not just looking at the category but also […]