AMFI's MF categorisation rejig: PNB, Embassy REIT may get large-cap berth

As mandated by Sebi, the amended list of categorisation of large, mid-and small-caps will be released by AMFI by the first week of July 2019

Mutual funds are gearing up to comply with changes in the categorisation of stocks in schemes based on the upcoming Association of Mutual Funds in India's (AMFI's) semi-annual review of categorisation based on market-capitalisation (market-cap). 

As mandated by market regulator Securities and Exchange Board of India (Sebi), the amended list of categorisation of large, mid-and small-caps will be released by AMFI by the first week of July 2019 and will be effective for the second half of calendar year 2019 (H2CY19). Mutual funds will have to re-align the schemes within one month.