Freshly minted multi-cap funds are getting a lot of investor attention. This category clocked the biggest inflows in March— largely owing to a blockbuster Rs.8,000 crore NFO of SBI Multi Cap. In December, Axis and HDFC MF’s multi-cap NFOs also collected hefty subscriptions. What is getting investors hooked to this category? Is it worth considering over flexi cap and similar offerings?
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