1. Sebi has distinctly categorized the underlying assets in various funds during their reclassification.
2. For instance:-
a) Index fund/ETF has 95% min. in tracked index stocks.
b) Multicap fund has 65% min. in equity stocks.
c) Hybrid Aggressive fund has 65-80% in equity stocks.
d) Largecap fund has 80% min. in large-cap stocks.
e) Midcap fund has 65% min. in mid-cap stocks.
f) Smallcap fund has 65% min. in small-cap stocks, and so on.
3. Large-cap stocks are 1st 100 companies, mid-cap stocks are next 150 companies, and small-cap stocks are all remaining companies, as per market capitalization.
4. These aspects should be considered as well, during asset allocation and portfolio creation for achieving medium and long term goals, as their returns per se will differ due to underlying assets.
2. For instance:-
a) Index fund/ETF has 95% min. in tracked index stocks.
b) Multicap fund has 65% min. in equity stocks.
c) Hybrid Aggressive fund has 65-80% in equity stocks.
d) Largecap fund has 80% min. in large-cap stocks.
e) Midcap fund has 65% min. in mid-cap stocks.
f) Smallcap fund has 65% min. in small-cap stocks, and so on.
3. Large-cap stocks are 1st 100 companies, mid-cap stocks are next 150 companies, and small-cap stocks are all remaining companies, as per market capitalization.
4. These aspects should be considered as well, during asset allocation and portfolio creation for achieving medium and long term goals, as their returns per se will differ due to underlying assets.