https://v2.webnotes.in/categories/multi-cap-funds/Recent content in Multi-Cap Funds on WebNotesHugoen-INSat, 16 May 2026 00:00:00 +0000https://v2.webnotes.in/ppfcf-vs-multi-cap-category/Sat, 16 May 2026 00:00:00 +0000https://v2.webnotes.in/ppfcf-vs-multi-cap-category/<p>The <strong>Parag Parikh Flexi Cap Fund (PPFCF)</strong> sits in the <a href="https://v2.webnotes.in/flexi-cap-mutual-fund-india/">flexi cap mutual fund</a> category, while the multi-cap mutual fund category is a separate SEBI-defined category with a structurally different allocation mandate. The distinction between flexi cap and multi cap is a function of <a href="https://v2.webnotes.in/sebi-mutual-funds-regulations-1996/">SEBI</a> circulars issued in September and November 2020 that fundamentally altered how mutual fund schemes can allocate across large, mid, and small market-capitalisation segments. PPFCF, the flagship scheme of <a href="https://v2.webnotes.in/ppfas-mutual-fund/">PPFAS Mutual Fund</a> , was reclassified into the flexi cap category on 13 January 2021 in direct response to the new category creation.</p>