Oil prices slipped slightly on Wednesday in quiet pre-U.S. Thanksgiving holiday trading, as the market awaited news on output cuts from the OPEC+ producers group and looked for confirmation of a sharp build-up in U.S. crude stocks. Brent crude futures fell 52 cents to $81.93 a barrel by 0946 GMT. U.S. West Texas Intermediate crude […]
Strategy to balance high valuations in Mid & small caps: Go for multi-cap funds to reduce risks
Given that the valuations of small-caps and mid-caps are elevated, investors should look at multi-cap funds to diversify across market segments and ensure some systemic risk is mitigated, say experts. The investment mandate for multi-cap funds warrants that a minimum of 25% be invested in each of the three market cap segments, irrespective of marke