Skip to content

BoI Mutual Fund Midcap Fund and SEBI Cap Classification

29 July 20251 min read
BANKING & FINANCEBoI Mutual FundMidcap Fund andSEBI CapClassification29 July 2025safalsetu.com

Why in the news

Bank of India Mutual Fund introduced a midcap scheme to tap growth in mid-sized companies.

Key facts

  • Style: bottom-up stock picking of quality, scalable businesses with strong management.
  • Objective: long-term capital appreciation.

SEBI classification

ClassRank by market cap
Large cap1-100
Mid cap101-250
Small cap251 onwards

Exam angle

  • Mid cap funds hold mainly mid-sized firms that sit between small and large caps and are usually in an expansion phase.
  • Sectors in focus: financials, industrials, healthcare and consumer.

Test yourself

1. As per SEBI, mid cap companies are ranked in which band by market capitalisation?

SEBI classifies mid caps as ranks 101 to 250.

2. Which stock-selection approach does the new BoI Mutual Fund midcap scheme follow?

The notes describe a bottom-up stock-picking strategy.

3. According to SEBI's ranking, which companies are called large caps?

Large caps rank 1 to 100.