What is the equity market-cap mandate for aggressive hybrid funds?

I know that aggressive hybrid funds are mandated to invest 65 to 80 per cent of their portfolio in equities and the rest in fixed income. But is there any mandate for the market capitalisation breakdown within the equity portion? Does the fund manager have the liberty, like in a flexi-cap fund? Additionally, is there any mandate for the debt portion? - Gourav Gupta The market regulator SEBI does not mandate a specific market-capitalisation breakdown for the equity portion of aggressive hybrid funds. That said, these funds maintain a structure largely similar to flexi-cap funds, with a small tilt

This article was originally published on June 13, 2024.