MF universe rejig: Large, midcap cutoffs likely to hit new highs in Jan

Amfi's January stock universe reclassification may lift the largecap cut-off to Rs 1.05 trillion and the midcap threshold to Rs 34,800 crore, driven by new listings and higher valuations

The market capitalisation (m-cap) cut-off to qualify for mutual funds’ largecap and midcap universe is likely to surge to a new high in the next re-classification. The fresh list of largecap, midcap and smallcap stocks is set to be released by the Association of Mutual Funds in India (Amfi) in the first week of January.

 

A report by Nuvama Alternative and Quantitative Research estimates the largecap cut-off to surge 15 per cent to ₹1.05 trillion compared to the current threshold of ₹91,572 crore.

 

The cut-off had exceeded ₹1 trillion once earlier, in January 2025.

 

Amfi revises the list of largecap,