MARKET BASICS • GUIDE

Large Cap vs Mid Cap vs Small Cap

Understand company-size categories, liquidity and why market-cap labels need a defined methodology.

Market-cap classifications help describe company size but the exact methodology matters.

Large cap

Generally larger businesses with greater market liquidity, though company-specific risks remain.

Mid and small cap

These companies can have different growth and liquidity characteristics. Individual research remains essential.

Current definitions

Do not rely on old fixed rupee cutoffs; use the relevant index, fund or regulatory methodology.

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