Tuesday, March 13, 2018

Equity Fund Classification by SEBI

Sr.No.
Category of Schemes
Scheme Characteristics
Type of scheme (uniform description of scheme)
1
Multi Cap Fund
Minimum investment in equity & equity related instruments- 65% of total assets
Multi Cap Fund- An open ended equity scheme investing across large cap, mid cap, small cap stocks
2
Large Cap Fund
Minimum investment in equity & equity related instruments of large cap companies- 80% of total assets
Large Cap Fund- An open ended equity scheme predominantly investing in large cap stocks
3
Large & Mid Cap Fund
Minimum investment in equity & equity related instruments of large cap companies- 35% of total assets
Minimum investment in equity & equity related instruments of mid cap stocks- 35% of total assets
Large & Mid Cap Fund- An open ended equity scheme investing in both large cap and mid cap stocks
4
Mid Cap Fund
Minimum investment in equity & equity related instruments of mid cap companies- 65% of total assets
Mid Cap Fund- An open ended equity scheme predominantly investing in mid cap stocks
5
Small cap Fund
Minimum investment in equity & equity related instruments of small cap companies- 65% of total assets
Small Cap Fund- An open ended equity scheme predominantly investing in small cap stocks
6
Dividend Yield Fund
Scheme should predominantly invest in dividend yielding stocks.
Minimum investment in equity- 65% of total assets

An open ended equity scheme predominantly investing in dividend yielding stocks
7
Value Fund*
Scheme should follow a value investment strategy.
Minimum investment in equity & equity related instruments - 65% of total assets
An open ended equity scheme following a value investment strategy
Contra Fund*
Scheme should follow a contrarian investment strategy.
Minimum investment in equity & equity related instruments - 65% of total assets

An open ended equity scheme following contrarian investment strategy
8
Focused Fund
A scheme focused on the number of stocks (maximum 30)
Minimum investment in equity & equity related instruments - 65% of total assets
An open ended equity scheme investing in maximum 30 stocks (mention where the scheme intends to focus, viz.,
9
Sectoral/ Thematic
Minimum investment in equity & equity related instruments of a particular sector/ particular theme- 80% of total assets
An open ended equity scheme investing in __ sector (mention the sector)/
An open ended equity scheme following __ theme (mention the theme)
10
ELSS
Minimum investment in equity & equity related instruments - 80% of total assets (in accordance with Equity Linked Saving Scheme, 2005 notified by Ministry of Finance)
An open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit



2 comments:

Anonymous said...

Found the information very useful

Riya Tiwari said...


Nice blog and content
Capitalstar