Mutual Fund Jargon
There is a lot more literature on investing in mutual funds in India due to better performing stock markets than a decade ago. The mutual fund houses also have a vested interest in having potential investors better informed. Here is a compilation of the useful content I have found on various sites - Large-cap mutual funds are those which invest in large sized companies , which usually are market leaders in their industry. Some commonly used names of large-cap funds are top- 50, top-100, top-200, blue-chip and focused large-cap. Another characteristic of a large-cap stock or fund is that they usually demonstrate better resilience in times of heightened stock market volatility. Furthermore, these companies usually have a dividend paying track record though this cannot be guaranteed always. The term mid-cap is an abbreviation for 'middle capitalisation' stock. The ' capitalisation ' indicates the size of the company in terms of its market value. The market valu...