Kotak Standard Multicap to become 'Flexi Cap Fund', no change in portfolio, investment process
Kotak Standard Multicap Fund to be renamed as Kotak Standard Flexi cap Fund
Fund manager, investment process and fund portfolio will remain the same as before
Kotak Standard Multicap Fund, the biggest multi cap scheme holding assets worth ₹29,551 crore will move to 'Flexi Cap Category', the new category introduced by Sebi under equity mutual funds. The new category was announced on Friday, after the mutual fund companies requested Sebi to form a new category, called 'flexi cap' to avoid huge disturbance in the existing multi cap funds amid Sebi's new portfolio allocation rules. Mint reported earlier.