AMFI Rejig: 11 midcap stocks set for upgrade, largecap threshold could hit Rs 1 lakh crore

The Association of Mutual Funds in India (AMFI) is expected to announce its semi-annual stock categorization in the first week of January. Several mid-cap stocks are anticipated to be upgraded to the large-cap segment, with the large-cap cut-off likely to be set around Rs 1 lakh crore. Based on current market-cap levels, AMFI may raise the large-cap threshold to approximately Rs 1 lakh crore, compared to Rs 84,000 crore in June 2024