In Sep 2020, SEBI had tweaked the investment mandate of Multi cap Funds. As per the circular from SEBI, multi-cap funds are required to invest at least 25% of their assets each in large, mid and small cap stocks.
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9 out of 10 Indians say that financial health has a profound impact on their well-being, and yet only a minority of Indians invest their hard-earned money. A recent survey conducted by us at Scripbox, on the occasion of #WorldSavingsDay, produced some interesting insights on one's relationship between wealth and well-being. Read on.
The markets in May turned choppy once again as the stimulus package failed to raise spirits. While the long term prospects remain good considering the resilience of the Indian economy, short term concerns have started raising their heads. Post lockdown performance of companies can tell us more in the coming months.