Should you switch or stay in the new multi cap and flexi cap mutual funds?

Mutual fund industry is seeing a new wave of multi cap and flexi cap NFOs at the moment. Big fund houses are busy either shifting their existing schemes to other categories or launching new schemes. For those who don’t know these new funds are flooding the market because of a recent change in mandate by Sebi. Now the big question is should investors invest in these new schemes or stay with their existing funds?Mutual fund advisors believe that