NEW DELHI: Within half-a-year since Sebi defined largecap, midcap and smallcap companies in order to ensure uniformity in the investment universe for equity mutual fund schemes, Amfi has released a revised list, as mandated by Sebi, which has sent many midcaps into the largecap category and vice-versa.The new order will be effective for the July-December period.The first 100 companies in terms of six-month average market capitalisation are considered as largecaps, the ones that fall between 101 and 250 are categorised as midcaps and any company than ranks above 250 in terms of m-cap are rated as smallcaps.Data suggests many midcap stocks have become largecaps in the revised list as their m-caps have moves upward, while many largecaps have fallen back into the midcap basket.Domestic mutual funds will now have to realign their portfolios in line with this categorisation within a month, Edelweiss Securities said in a note.
Music
Trailers
DailyVideos
India
Pakistan
Afghanistan
Bangladesh
Srilanka
Nepal
Thailand
StockMarket
Business
Technology
Startup
Trending Videos
Coupons
Football
Search
Download App in Playstore
Download App
Best Collections