Muthoot Finance Ltd., HDFC AMC Ltd., Canara Bank Ltd. among other stocks are likely to be classified as largecap stocks from their current status of being midcap companies, according to Nuvama Alternative and Quantitative Research.
The Association of Mutual Funds in India (AMFI) is likely to announce its stock re-categorization in the first week of January 2026. This list becomes the reference framework for fund managers for investing.
Based on the current market cap levels, the largecap cut-off is likely to be ₹1.05 lakh crore, compared to ₹91,600 crore in June, while the midcap cut-off is likely to be ₹34,800 crore, compared to ₹30,700 crore in June.
The cut-off period will last until December 31, 2025, with the final categorization taking effect on February 1, 2026.
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