---

As per NEW SEBI Guidelines, minimum 25% has to be in each Large, Mid and Small Cap Category in the Multi cap space.

*The Multi space is a 1.35lacs crs.* Category in industry with ~70% of Multicap AUM being in large caps at Industry level.. Min. 20% and approx. 25% to 30% of this large cap allocation can now move into midcap and small cap which may lead to next leg of mid&small cap rally from here.

Industry Multicap Average:

Large Cap 74%

*Mid Cap 17%*

*Small Cap 9%*

Small Caps have to go up by *min. 16%* to come at 25% which is almost *21k crs.* Going into small caps.. and midcaps have to go up by *min.8%* again almost 10k crs.