What's a "Lite-Managed" switch?
My experience is limited here, seems to be just a marketing way to claim L3 while delivering only a subset of full L3 functionality. I don’t think “lite” is an actual standard though, so I’m sure the included features are going to vary from device to device.
I have a cheap Marvell based 10g switch that claims it’s “managed” and “L3” but it’s missing a LOT of features.
My older Cisco SG300s were often referred to as “Lite L3” (not by Cisco of course

). They have an “L3 mode”. But smaller routing tables, no dynamic routing or dynamic VLAN, limited DNS and NAT features, etc. Most of the management is from the web interface and the command line is super limited.
They all do fine for my house and the homelab though. So LIte works for me.
Of course, they could just be L2 like
@neptun0- says
