February 4, 2023

Multi-cap funds are sure by SEBI rules to diversify throughout large-cap, mid-cap and small-cap shares. Because of their illiquid nature, multi-cap funds have a big holding of small-cap shares

December 01, 2022 / 08:51 AM IST

In 2020, the market watchdog SEBI launched the brand new ‘multi-cap’ class to differentiate them from the sooner avatar of flexicap class. Multi-cap funds at the moment are mandated to speculate no less than 25 p.c of their property every in massive, mid and small-cap shares. Presently, 17 schemes are a part of the multi-cap class, of which 10 had been transformed from the sooner avatar that had no inflexible market capitalisation based mostly funding mandate whereas the remaining are the newly launched schemes. Collectively, multi-cap funds handle property beneath administration (AUM) value Rs 65,286 crore. After Sebi’s diktat, their variety of fairness shares of their portfolio went up particularly of their smallcap holdings. Because of bigger asset base and tight liquidity circumstances within the smallcap universe, many multi-cap funds haven’t invested greater than 1 p.c in every such inventory. On a mean, multi-cap fund maintain 26 small-cap shares. Knowledge as of October 2022. Supply: ACEMF

JB Chemicals & Pharmaceuticals No. of multi-cap funds that hold the stock: 6 A sample of multi-cap funds that hold the stock: Baroda BNP Paribas Multi Cap, Invesco India Multicap and Nippon India Multi Cap Fund

JB Chemical substances & Prescribed drugs
No. of multi-cap funds that maintain the inventory: 6
A pattern of multi-cap funds that maintain the inventory: Baroda BNP Paribas Multi Cap, Invesco India Multicap and Nippon India Multi Cap Fund

Blue Star No. of multi-cap funds that hold the stock: 5 A sample of multi-cap funds that hold the stock: SBI Multicap, Axis Multicap and Baroda BNP Paribas Multi Cap Fund

Blue Star
No. of multi-cap funds that maintain the inventory: 5
A pattern of multi-cap funds that maintain the inventory: SBI Multicap, Axis Multicap and Baroda BNP Paribas Multi Cap Fund

Carborundum Universal No. of multi-cap funds that hold the stock: 5 A sample of multi-cap funds that hold the stock: SBI Multicap, IDFC Multi Cap and Kotak Multicap Fund

Carborundum Common
No. of multi-cap funds that maintain the inventory: 5
A pattern of multi-cap funds that maintain the inventory: SBI Multicap, IDFC Multi Cap and Kotak Multicap Fund

City Union Bank No. of multi-cap funds that hold the stock: 5 A sample of multi-cap funds that hold the stock: Kotak Multicap, Mahindra Manulife Multi Cap Badhat Yojana and Axis Multicap Fund

Metropolis Union Financial institution
No. of multi-cap funds that maintain the inventory: 5
A pattern of multi-cap funds that maintain the inventory: Kotak Multicap, Mahindra Manulife Multi Cap Badhat Yojana and Axis Multicap Fund

JK Lakshmi Cement No. of multi-cap funds that hold the stock: 5 A sample of multi-cap funds that hold the stock: IDFC Multi Cap, Axis Multicap and Aditya Birla SL Multi-Cap Fund

JK Lakshmi Cement
No. of multi-cap funds that maintain the inventory: 5
A pattern of multi-cap funds that maintain the inventory: IDFC Multi Cap, Axis Multicap and Aditya Birla SL Multi-Cap Fund

Kalpataru Power Transmission No. of multi-cap funds that hold the stock: 5 A sample of multi-cap funds that hold the stock: Kotak Multicap, IDFC Multi Cap and SBI Multicap Fund

Kalpataru Energy Transmission
No. of multi-cap funds that maintain the inventory: 5
A pattern of multi-cap funds that maintain the inventory: Kotak Multicap, IDFC Multi Cap and SBI Multicap Fund

PNC Infratech No. of multi-cap funds that hold the stock: 5 A sample of multi-cap funds that hold the stock: Invesco India Multicap, Sundaram Multi Cap and Kotak Multicap Fund

PNC Infratech
No. of multi-cap funds that maintain the inventory: 5
A pattern of multi-cap funds that maintain the inventory: Invesco India Multicap, Sundaram Multi Cap and Kotak Multicap Fund

Timken India No. of multi-cap funds that hold the stock: 5 A sample of multi-cap funds that hold the stock: Invesco India Multicap, HDFC Multi Cap and Baroda BNP Paribas Multi Cap Fund

Timken India
No. of multi-cap funds that maintain the inventory: 5
A pattern of multi-cap funds that maintain the inventory: Invesco India Multicap, HDFC Multi Cap and Baroda BNP Paribas Multi Cap Fund

PVR No. of multi-cap funds that hold the stock: 4 A sample of multi-cap funds that hold the stock: SBI Multicap, IDFC Multi Cap and ICICI Pru Multicap Fund

PVR
No. of multi-cap funds that maintain the inventory: 4
A pattern of multi-cap funds that maintain the inventory: SBI Multicap, IDFC Multi Cap and ICICI Pru Multicap Fund

V-Mart Retail No. of multi-cap funds that hold the stock: 4 A sample of multi-cap funds that hold the stock: SBI Multicap, Baroda BNP Paribas Multi Cap and ICICI Pru Multicap Fund

V-Mart Retail
No. of multi-cap funds that maintain the inventory: 4
A pattern of multi-cap funds that maintain the inventory: SBI Multicap, Baroda BNP Paribas Multi Cap and ICICI Pru Multicap Fund

Dhuraivel Gunasekaran

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