
The Association of Mutual Funds in India (AMFI) has released its latest classification for market capitalization segmentation of Indian stocks as of December 2024. Notably, the threshold for large-cap stocks has increased from a market capitalization of Rs 84,325 crore to Rs 1,00,119 crore. Similarly, the minimum market cap for mid-cap stocks has risen from Rs 27,564 crore to Rs 33,221 crore. The updated list includes new large-cap entrants such as Bajaj Housing Finance, Swiggy, NTPC Green, and RVNL, while CG Power and Rail Vikas Nigam have transitioned from mid-cap to large-cap status. The total turnover for top securities, including Tata Motors and DMart, reached Rs 1,484.19 crore over the first three days of January 2025. This classification reflects a significant shift in the market landscape, with the smallest large-cap now requiring a market cap of Rs 1,00,110 crore, compared to just Rs 26,000 crore five years ago.
The marketcap of today’s largest smallcap is almost equal to the smallest large cap of 2017, when this bucketing was started. Just 7 years ago. https://t.co/ZWm2AQmec9
Major Changes in AMFI's updated Top-100 Largecap & Top-150 Midcap list: From Midcaps to Largecaps:⬆️ CG Power, Rail Vikas N., ICICI Pru, Polycab India, Indus Towers, Cummins India, Info Edge New Entrants to Largecap:🆕 Hyundai, Bajaj Housing, Swiggy, NTPC Green From Largecaps…
Based on AMFI's latest classification of Large/Mid/Smallcaps (Dec-2024) 'Smallest' LARGEcap, i.e. 100th rank by mcap has Rs 1,00,110 Cr! 'Smallest' MIDcap, i.e. 250th rank by mcap has Rs 33,221 Cr! 6 months back, the minimum req. for largecap was Rs 84K Cr & for midcap, Rs…
