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Glossary· Portfolio

What is Average market cap?

The weighted-average size of the companies the fund holds.

The quickest check that a fund is doing what its name says — a "large cap" fund with a mid-cap average is taking risk its label doesn't advertise.

For the formula and the constants behind this figure, see Methodology.

Guides that use Average market cap

The guide that puts this term to work.

More on portfolio

What the fund actually holds, aggregated from its published holdings.

AUM
The total money the scheme currently manages.
P/E ratio
The weighted-average P/E of the fund's equity holdings.
P/B ratio
The weighted-average price-to-book of the fund's equity holdings.
Large / mid / small cap split
How the equity portfolio divides across the three SEBI size bands.
ASM
An NSE flag on a stock showing unusual price or volume activity.