Adani Total, Apollo Hospitals, Chola could move to MF large-cap universe

The changes are likely during the half-yearly review undertaken by MF industry body Amfi during July first week

Adani Total Gas, Apollo Hospitals, Cholamandalam Investment are among the stocks that are likely to get added to the mutual fund (MF) large-cap universe. The changes are likely during the half-yearly review undertaken by MF industry body Amfi during the first week of July.

Meanwhile, Petronet LNG, PI Industries and Hindustan Petroleum Corporation (HPCL) could get demoted from the large-cap list to mid-cap list, as per an analysis done by Sriram Velayudhan, Vice President at IIFL Securities.

Over a dozen stocks will also move from the mid-cap universe to the small-cap universe and vice versa.

In 2017, Sebi came out