Which companies fall under the large-cap category as per SEBI's categorization of open-ended mutual fund schemes?
A
The 1st to the 100th company in terms of full market capitalization
B
The 1st to the 500th company in terms of full market capitalization
C
Each AMC is free to define the category
D
As defined by the stock exchange
Correct Option:
A
Explanation
According to SEBI's categorization framework, large-cap companies are those ranked from 1st to 100th based on full market capitalization. Companies ranked 101st to 250th are classified as mid-cap, and those ranked 251st onward are classified as small-cap.
