From Large to Mid, Mid to Small

AMFI's Latest Classifications Unveiled Read More>>>

source: moneycontrol

AMFI's New Market Classification

AMFI updated its market categorization for H1 CY24, with largecaps now starting at Rs 67,000 crore and midcaps at Rs 22,000 crore

source: moneycontrol

Jio Financial in Largecaps

Jio Financial officially joins the largecap list, benefitting from market cap gains. Tata Tech, IREDA, and JSW Infrastructure enter the midcap category

source: moneycontrol

Market Threshold Increases

The largecap threshold rose to Rs 67,000 crore, up from Rs 49,700 crore, and midcap cut-off increased to Rs 22,000 crore from Rs 17,400 crore

source: moneycontrol

Downgrades After Market Run

Some largecaps, like UPL and Adani Wilmar, shift to midcaps. Rajesh Exports and Pfizer move from midcaps to smallcaps due to the recent market run

source: moneycontrol

Effective From February 2024

The revised list by AMFI will be applicable from February to July 2024, impacting stock classifications and investment strategies during this period

source: moneycontrol

Market Dynamics Impacting Stocks

Companies like IRCTC, Bosch, and Hero Motocorp face downgrades, while others like Aarti Industries and Kajaria Ceramics move from midcaps to smallcaps, reflecting market dynamics and recent stock performances

source: moneycontrol