The puzzling existence of large-and-mid-cap mutual fund category
The large-and-mid-cap category is a new one. This category offers a variety but makes the mutual fund investor's choice difficult
With the recategorisation exercise ended and all fund houses having announced their plans for their schemes, we find a new animal on the mutual funds street—the large-and-mid-cap fund. Is it different from multi-cap funds which also invests in a mix of large-cap and mid-cap stocks?