Here’s our assessment of equity and debt markets in April 2019. Equity markets were muted after a strong March. Election outcome and the resulting clarity in terms of policy is expected to guide market direction post April.
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Mirae Asset India Equity Fund will be renamed Mirae Asset Large Cap Fund. The fund was earlier categorised as a ‘Multi-cap fund’, which meant that it could invest across large, mid and small caps. With this change, it will be categorised as a ‘Large Cap fund’. This means, it will predominantly invest in large cap stocks only.