Multicap mutual funds fall under the equity mutual fund category. According to SEBI, a multicap fund should have a minimum of 75% of its total assets invested in equities, and out of that at least 25% in large-cap, mid-cap, and small-cap stocks.
There are many stories and symbols around lord Ganesha’s form. His elephant head symbolizes intelligence while his big ears stand for listening with intent, his body represents strength and power while his vehicle, the mouse, represents humility.
Per government mandate, EPFO is allowed to invest anywhere between 5 to 15% of its corpus in equity instruments. However, this ceiling has never been utilized by EPFO, with its maximum investment going just a little over 10%.
Inflation has been a talking point in India since long. However, in the last 2 years, we have seen an inflation scare at the global level that started with a rise in global commodity prices and that had both positive as well as downside for Indian companies.
The Business Standard has reported that a dipstick survey by it showed that more than 86% of the respondents have invested in capex in the past 12 months and are likely to do so again in the next few months.