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

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..... / Madam, Subject: Introduction 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 .....

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..... scheme name shall be the same as the scheme category. 5. Mutual Funds have the option to convert an existing scheme into a Flexi Cap Fund subject to compliance with the requirement 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 fro .....

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