Equity Mutual Funds

Equity funds invest a majority of their assets in stocks. These funds are classified into different categories based on the market cap of the stocks they invest in.

Types of Equity funds:

• Large-Cap Funds
  These funds invest at least 80% of their assets in the top 100 companies by market capitalization.

• Mid-Cap Funds
  These funds invest at least 65% of their assets in the next 150 (101st to 250th) companies ranked by market capitalization.

• Small-Cap funds
  Such funds invest at least 65% of their assets in companies ranked 251 and above by market capitalization.

• Multi-Cap Funds
  These funds invest at least 25% of their assets in each of the large, mid, and small-cap stocks.