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    <title>Clarification pursuant to Circular dated September 11, 2020 - Regarding Asset Allocation of Multi Cap Schemes of Mutual Funds</title>
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    <description>SEBI mandates a minimum 25% allocation each to Large Cap, Mid Cap and Small Cap stocks in Multi Cap schemes to ensure True to Label presentation and appropriate benchmarking, with a remaining portion for manager flexibility. Mutual funds may comply by rebalancing portfolios, facilitating unit-holder switches, merging Multi Cap schemes with other schemes, or converting scheme categories; the regulator allows time for orderly compliance and will consider industry proposals on implementation.</description>
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