Mutual Funds · Beginner
Equity fund categories
Large, mid, small, flexi, ELSS, sectoral and style funds: what each must hold and who each suits.
What is inside
6 short lessons. Each ends with a quiz, so you know what you have learnt.
The market-cap ladder and ELSS
- Large, mid and small: how the market-cap ladder works
- Flexi cap, multi cap and focused funds
- ELSS: the tax-saving equity fund
Themes, styles and choosing well
- Sectoral and thematic funds: narrow bets
- Value, contra and dividend yield: style funds
- Choosing an equity fund: a simple, honest method
Key ideas you will take away
- Top 100 / 101-250 / 251+.
- Large 80%, mid and small 65% minimum.
- Multi cap: 25/25/25 minimum.
- Flexi: manager's choice.
- 3-year lock-in.
- Old regime only for 80C.
Try a question
Q1. Under AMFI's list, mid caps are companies ranked:
- 1 to 100
- 251 to 500
- 501 to 750
- 101 to 250 by market cap
Show the answer
D. Large = 1-100, mid = 101-250, small = 251 onward.
Q2. A multi cap fund must hold at least how much in each of large, mid and small caps?
- 10%
- 33%
- 25%
- 50%
Show the answer
C. SEBI requires a minimum 25% in each segment.
Frequently asked questions
Is the Equity fund categories course free?
Yes. Lessons, quizzes and practice are free. Sign in once with your mobile number or Google to start.
Who is the Equity fund categories course for?
It is a beginner-level course with 6 short lessons, written in plain language for beginners and for people who advise others on money.
Can I learn this in Hindi or Gujarati?
The app screens switch between English, Hindi and Gujarati at any time, and many quiz questions have translations. Lesson text is in English for now.
Do I get a certificate?
Yes. Pass the course exams to earn a certificate that anyone can verify online.
Is this investment advice?
No. It is education only. Speak to a qualified adviser before you act on your own money.
Related courses
UpperCrust Academy is independent study material from UpperCrust Wealth. It is not affiliated with NISM, SEBI or AMFI. For education only. Not investment advice. Always confirm the latest syllabus and rules on the official NISM website.