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FUND CATEGORIES: LARGE, MID, SMALL AUR FLEXI KA MATLAB

SEBI ki categorisation ke baad naam ka matlab kya fix ho gaya

Published by The Retail Trader · AUG 02, 2026 · Mutual Funds & AMC

Pehle fund apne naam kuch bhi rakh sakte the aur portfolio kuch aur hota tha. Categorisation ke baad har category ki definition tay hai, aur naam ab ek waada hai.

CATEGORY KA MATLAB

Market capitalisation ke hisaab se companies ki ek ranked list hoti hai. Us list ke upar ka hissa large cap, uske baad mid cap, aur uske baad small cap maana jaata hai.

Har category ke fund ko apne corpus ka ek minimum hissa usi segment mein rakhna hota hai. Isliye ek large cap fund chah kar bhi poora smallcap nahi ho sakta.

FLEXI AUR MULTI KA FARQ

Ye do naam sabse zyada confuse karte hain:
• Multi cap fund ko teenon segments mein ek minimum allocation rakhna hota hai.
• Flexi cap fund ko us bandhan se aazadi hai — wo kahin bhi ja sakta hai.
• Isliye flexi cap ka behaviour manager par zyada depend karta hai.
• Category ka naam risk ka level batata hai, quality ka nahi.

EK PRACTICAL BAAT

Do funds ek hi category mein hone ke bawajood bilkul alag ho sakte hain. Category sirf boundary batati hai — us boundary ke andar manager kya kar raha hai, wo portfolio disclosure mein dekhna padta hai.

Ye article sirf educational hai — koi buy ya sell recommendation nahi, koi guaranteed return ka daawa nahi, aur koi advisory nahi. Rules, rates aur mechanics exchange, SEBI aur RBI time-time par badalte hain, isliye har number apne broker ya official source par khud verify karo.

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