Mutual Funds ALERT! AMFI RECLASSIFICATION list out – THESE stocks are now under large cap, mid cap, small cap MF categories
Association of Mutual Funds in India or AMFI undertake the reclassification exercise twice in a year. The reclassification is based on the market cap of companies over the previous six months. Zee Business’ Devanshi Asher has this detailed report
Asher said that the top 100 stocks in the markets are classified as large cap stocks. The mid cap stocks comprise of stocks from 101 to 250 while the remaining stocks fall into the category of small cap stocks. Source: Reuters