The markets (equity) is divided into Large Cap Mid Cap Small Cap. Here the word “Cap” stands for market capitalization. It denotes the size of the company. In mutual funds, this size aspect is recognized as a category. Hence you will find funds like – HDFC Top 200 Fund or PGIM Midcap Opportunities Fund. InRead More
what is mid cap
What is Large Cap or Mid Cap or Small Cap?
You must be wondering what does it mean when your advisor says “XYZ fund is a Large cap, and it will bring stability to your portfolio”. What is large cap? How will it ensure stability? What is Mid cap then? Or what is small cap stock? They are all equity, so does categorizing them makesRead More