Six mid-caps may turn large-caps in Amfi review
Earlier in 2017, market regulator Securities and Exchange Board of India had defined large, mid and smallcap companies to ensure uniformity in the investment universe for equity mutual fund schemes
MUMBAI: As Indian equities continue to rally amid disruptions and concerns about the second wave of covid-19 infections, six mid-cap stocks are expected to be reclassified as large caps by Association of Mutual Funds in India (Amfi) in its semi annual review. The mutual fund industry body will release the list of stocks that are reclassified during 5-7 July while the fresh list will be effective from August 2021 to January 2022.
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