Multicap schemes are the best bet at this point, say mutual fund advisors
“Multicap schemes make sense not only because of the market correction but also because of the mutual fund re-categorisation. Due to the strict mandate, largecap schemes will be mostly replicating the index and small- and mid-caps might be risky for some investors. Multicap at this point would be ideal for investors with smaller investments,” says Santosh Joseph, founder, Germinate Wealth Solution.