Flexi-Cap Fund

One way to judge the size of a company is called “market capitalization,” or “market cap.” It measures the total value of a company’s stock. Take the current stock price, multiply by the number of shares outstanding, and you get the market cap.

Mutual funds tend to specialize in particular market cap sizes. So...large cap funds focus on the big-time corporate giants: Apple, Amazon, etc. Small cap funds look for gems among (you guessed it) smaller players...up-and-comers, one-product firms, boutique players, etc.

There are a bunch of size groupings, things like mid cap or micro cap. Think: weight classes in boxing or MMA.

Flexi-cap funds don’t have to stick with any particular market cap. They don't have a single size they are mandated to specialize in. They can pick up stocks of any size; they get to ignore the weight classes.