Introduction of “Flexi Cap Fund” as a new category under Equity Schemes

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..... on of "Flexi Cap Fund" as a new category under Equity Schemes 1. SEBI vide circular no. SEBI/HO/IMD/DF3/CIR/P/2017/114 dated October 06, 2017, has issued guidelines regarding categorization and rationalization of Mutual Fund Schemes. 2. In order to give more flexibility to the mutual funds and taking into account the recommendations of Mutual Fund Advisory Committee (MFAC), a new category named .....

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..... for change in fundamental attributes of the scheme in terms of Regulation 18(15A) of SEBI (Mutual Funds) Regulations, 1996. 6. Scheme under the aforesaid mentioned new category can be launched with effect from the date of this circular. 7. This circular is issued in exercise of the powers conferred under Section 11 (1) of the Securities and Exchange Board of India Act, 1992, read with Regulatio .....

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