The phrase "fund category" refers to groups or types of investment funds that have similar characteristics or objectives. It helps investors to compare and select funds based on their goals, risk level, and performance. Full definition
So first, let's discuss about what is market capitalization (cap), and then about various types of mutual fund categories based on the market caps. (relakhs.com)
It may not be beneficial to invest in funds which are from same fund category. (relakhs.com)
As long as you understand the different types of fund categories — you'll know how a fund invests your money, the risks involved, and how it fits in your portfolio. (novelinvestor.com)