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Small/Mid/Large Cap Funds

Hello all,

I hear a lot of funds with Small CAP, Mid Cap & Large Cap in their names. What is the difference between them? The basic difference i understood was that it depends on size of the companies, the stocks of which the fund is mainly holding. But which of them is better and why? How to choose where to invest? Hope my question made some sense.. Please comment. Thanks in advance.

-Sagar

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