What is a defining characteristic of multi-cap equity funds?

"They invest solely in large-cap companies." "They invest in a limited number of stocks, similar to focused equity funds." "They invest in companies across all market capitalization sizes." "They are restricted to investing in a single sector."

According to SEBI guidelines, what is the maximum number of stocks a focused equity fund can invest in?

"10" "20" "30" "40"

Which type of equity fund is generally considered to carry a higher risk?

"Multi-cap equity funds" "Focused equity funds" "Both carry equal risk" "Risk levels are determined by individual fund managers, not fund type"

What is a key difference between multi-cap and focused equity funds regarding investment strategy?

"Multi-cap funds prioritize diversification, while focused funds concentrate investments in a smaller number of stocks." "Multi-cap funds are restricted to large-cap companies, while focused funds can invest in any market cap size." "Multi-cap funds are managed passively, while focused funds are actively managed." "Multi-cap funds are only available to institutional investors, while focused funds are open to all investors."

How are multi-cap and focused equity funds taxed in relation to capital gains?

"Multi-cap funds are taxed as equity funds, while focused funds are taxed as debt funds." "Both are taxed as equity funds, with different rates for short-term and long-term gains." "Focused funds are exempt from capital gains tax, while multi-cap funds are subject to regular taxation." "Taxation depends on the individual investor's tax bracket, not the fund type."