Multi cap funds

These are diversified mutual funds which can invest in stocks across market capitalization.
That is, their portfolio comprises of large cap, midcap and small cap stocks. ...

Mid-cap (or mid-capitalization) is the term that is used to designate companies with a

market cap (capitalization)—or market value—between $2 and $10 billion. 

he term small cap describes companies with a relatively small market capitalization.

A company's market capitalization is the market value of its outstanding shares.
The definition for small cap varies, but generally means a company with $300 million to $2
billion in market capitalization.

Large cap (sometimes called "big cap") refers to a company with a

market capitalization value of more than $10 billion. ..

Focused funds are a type of equity funds that invests in a limited number of stocks—not

more than 30. 2. Not more than 10% of the portfolio is allocated to a single stock. 3. The
investment universe can be any particular market capitalisation oriented like large or mid or
small or market cap agnostic

Value funds seek to invest in undervalued stocks based on price and evaluation, taking into
account fundamental characteristics

Assets under management (AUM) is the total market value of the investments that a

person or entity manages on behalf of clients

Credit risk funds are debt funds that lend at least 65% of their money to not-so-highly
rated companies. The borrowers pay higher interest charges as a way to compensate for
their lower credit rating, which translates into a higher risk for the lender due to an
increased possibility of default

The Sharpe Ratio assesses the returns generated by a portfolio against each unit of risk
undertaken. Mathematically, the Sharpe Ratio is the difference between the portfolio's
returns and the return earned on a risk free investment, divided by the standard deviation of
the portfolio.

sually, any Sharpe ratio greater than 1.0 is considered acceptable to good by

investors. A ratio higher than 2.0 is rated as very good. A ratio of 3.0 or higher is
considered excellent. A ratio under 1.0 is considered sub-optimal.

Alpha represents an asset manager’s performance in guiding a fund into

yielding profits in comparison to the benchmark  index. Beta, on the other
hand, registers and quantifies a fund’s response to market volatility, i.e. the
degree of conformity of a fund’s prices in response to any change in the
benchmark index. 
The S&P 500 Index is the benchmark for equities and equity funds. R-squared
values range from 0 to 100. According to Morningstar, a mutual fund with an R-squared
value between 85 and 100 has a performance record that is closely correlated to the index.
A fund rated 70 or less typically does not perform like the index