To Provide Investors With Opportunities For Long-Term Growth In Capital Alongwith The Liquidity Of An Open-Ended Scheme By Investing Predominantly In A Well Diversified Basket Of Equity Stocks Of Midcap Companies. Midcap Companies Are Those Companies Whose Market Capitalization At The Time Of Investment Is Lower Than The Last Stock In The S&P Cnx Nifty Index Less 20% (Upper Range) And Above Rs. 200 Crores.
Tax Implications
Taxation on mutual fund explained : https://zfunds.in/article/taxes-on-mutual-funds