Kotak Multicap Fund has a Nifty500 50:25:25 as its benchmark which means that the benchmark has 50 percent weight in large cap, 25 percent in midcaps and 25 percent in smallcaps.
Foreign investors have resumed selling Indian equities in September, with FPI outflows crossing Rs 23,000 crore through September 19. Higher crude prices, elevated US bond
Indian equities extended their recovery, with Nifty gaining 0.33% as moderation in crude and global yields supported sentiment. Sensex slipped 0.03%, while broader markets outperformed.
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