According to SEBI, small cap funds are open-ended equity mutual funds that invest at least 65 per cent of funds in stocks of companies ranked below 250, i.e., 251st onwards, in terms of market capitalisation.
Large cap funds, as per SEBI guidelines followed by AMFI, must invest at least 80 per cent of their total assets in equity and equity-related instruments of the top 100 companies by market capitalisation.
Here’s a look at the top 5 mutual funds across categories, flexi cap, small cap, large cap, and mid cap, along with their AUM. Review their performance charts and see if any are part of your portfolio, and how they have performed for you.
Parag Parikh Flexi Cap Fund – Direct Plan
HDFC Flexi Cap Fund – Direct Plan
HDFC Mid Cap Fund – Direct Plan
ICICI Prudential Large Cap Fund – Direct Plan
Nippon India Small Cap Fund – Direct Plan
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
