Stock Market BasicsLesson 11 of 100About 5 minutes

Large Cap vs Mid Cap vs Small Cap

These labels group companies by their market-cap size and rank—not by the price of one share.

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Introduction

Three ways to group companies by size

Large cap, mid cap, and small cap describe groups of companies based on their market capitalization. In India, SEBI/AMFI fund classifications use a company's rank by full market capitalization to define these groups.

The short answer

The top 100 companies by full market capitalization are large cap; ranks 101 to 250 are mid cap; rank 251 onward is small cap.

The three groups

A simple comparison

These rank ranges are used for Indian mutual-fund classification under SEBI rules.

Category
Company rank by full market cap
Large cap
1st to 100th
Mid cap
101st to 250th
Small cap
251st onward

AMFI publishes the ranked company list periodically. These categories are based on rank, not fixed rupee cut-offs.

Try a company rank

Which group would this rank fall into?

Enter a position from a company list ranked by full market capitalization.

Illustrative category

Large cap

Ranks 1–100

This tool only maps a rank to a category. It does not look up a real company or the latest AMFI list.

What to keep in mind

Company categories can change

  • A company's market-cap rank can change as share prices and share counts change.
  • A company may move from one category to another when rankings are updated.
  • A small-cap company does not necessarily have a low share price.
  • Company size alone does not tell you whether a share is cheap, safe, or right for you.

Key points

What to remember

  • The labels describe company size by market capitalization.
  • Large cap: ranks 1 to 100.
  • Mid cap: ranks 101 to 250.
  • Small cap: rank 251 onward.
  • These are ranks, not fixed rupee thresholds.
  • Categories can change as company market values change.

This lesson is for education only, not personalized financial, tax, or investment advice. Investments in securities are subject to market risks.

Test yourself

5-question quiz

Choose one answer for each question, then check your score.

  1. 1.How are large-, mid-, and small-cap groups classified in India?
  2. 2.Which ranks are classified as mid cap?
  3. 3.A company ranked 75th by market capitalization is in which group?
  4. 4.Are market-cap categories guaranteed to stay the same?
  5. 5.Does small cap mean a company is cheap to buy?

Answer all five questions to see your score.