Sebi clarifies multi-cap funds free to choose route to comply with its Friday circular

“Apart from rebalancing their portfolio in the Multi Cap schemes, they could inter-alia facilitate switch to other schemes by unitholders, merge their Multi Cap scheme with their Large Cap scheme or convert their Multi Cap scheme to another scheme category, for instance Large cum Mid Cap scheme.”

from Wealth-Economic Times https://economictimes.indiatimes.com/wealth/personal-finance-news/sebi-clarifies-multi-cap-funds-free-to-choose-route-to-comply-with-its-friday-circular/articleshow/78099211.cms