What is Fund category?
Large cap, flexi cap, small cap, debt, hybrid, etc.
Short answer
Owning five funds in the same category.
Fund category when buying a mutual funds (india)
Large cap, flexi cap, small cap, debt, hybrid, etc.
Why it matters: Category decides risk more than the fund house does.
Look for: Owning five funds in the same category.
Full Mutual Funds (India) buying guide