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Flexi-cap vs multi-cap mutual funds: What is the difference and which one to choose?

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Flexi-cap vs multi-cap mutual funds: What is the difference and which one to choose?
Representative Image • Source: LiveMint-Finance
A flexi-cap fund invests across companies without any market capitalisation limits. Money is allocated based on market conditions and future outlook. A multi-cap fund invests at least 25% in each of the large-, mid-, and small-cap categories, providing balanced exposure.
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