HDFC Mid-Cap Opportunities Fund, the biggest mid-cap scheme with assets of more than Rs 19,000 crore, has a little less than 35 per cent of its assets invested in mid-cap stocks as defined by the Securities and Exchange Board of India’s (Sebi’s) new categorisation norms. The scheme will have to buy mid-cap stocks worth up to Rs 5,830 crore, and simultaneously slice its holding in large- and small-cap stocks, to comply with the new norms, analysis of Value Research data shows.
Other mid-cap schemes that may have to substantially rejig their portfolio include ...
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First Published: Sun, December 10 2017. 23:06 IST
