With a view to reduce confusion among investors and expedite scheme consolidation, the Securities and Exchange Board of India (SEBI) has reportedly asked mutual fund houses not to use the word ‘opportunities’ in their large-cap and multi-cap funds. However, the sales head of a large fund house reported that SEBI does not have issue with the use of ‘opportunities’ in mid-cap and small-cap funds. Earlier, the capital market regulator has asked fund houses to do away with the word ‘prudence’ from their balanced fund. Following this, 3 of 5 fund houses have changed the name of their prudence fund to aggressive hybrid fund.