The large and midcap spaces of mutual funds (MFs) have undergone a churn with the Association of Mutual Funds in India (Amfi) issuing a revised list of stocks for each of the market capitalisation (mcap)-based baskets.
Indian Hotels, Solar Industries and Mazagon Dock Shipbuilders are among 10 midcap stocks that will move to the largecap universe of MFs from August 1.
According to an analysis by Nuvama Alternative and Quantitative Research, 11 largecap stocks, including Rail Vikas Nigam, Hero Motocorp, Indian Overseas Bank and Cummins India, have moved to the midcap category.
The midcap list has seen further changes as

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