Widely read:
Very few people know that mid-cap funds can also invest in large-cap stocks.
While at least 65 per cent of their portfolio needs to be in mid-cap stocks (101-250th ranked companies in India), they can invest the remaining money in large- and small-cap stocks.
As of April 30, 2023, mid-cap funds, on average, had around 14 per cent exposure to large-cap stocks.
However, we have listed four mid-cap funds that have a higher-than-average exposure to large-cap stocks, which implies two things: a) these funds may be playing it a little safe, or b) they are minimising their high-risk strategy by investing in the relatively-safer large-cap stocks.
Suggested read: These small-cap funds have high large-cap exposure
Disclaimer: This content is for information only and should not be considered investment advice or a recommendation.
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