News From Press Largecap, midcap threshold rises around 25% amid stock market rally

Largecap, midcap threshold rises around 25% amid stock market rally

Source: Business Standard 2 hours ago

The market capitalisation (mcap) threshold for a stock to qualify as largecap and midcap has risen to Rs 84,325 crore and Rs 27,564 crore, following the latest rebalancing exercise by the Association of Mutual Funds in India (Amfi), an industry group. This threshold has jumped around 25 per cent from Rs 67,000 crore and Rs 22,000 crore, respectively, after the end of the previous rebalancing in December 2023.

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