
Freshly minted multi-cap funds are getting a lot of investor attention. This category clocked the biggest inflows in March— largely owing to a blockbuster Rs.8,000 crore NFO of SBI Multi Cap. In December, Axis and HDFC MF’s multi-cap NFOs also collected hefty subscriptions. What is getting investors hooked to this category? Is it worth considering over flexi cap and similar offerings? The current avatar of multi-cap funds differs vastly from