MFs' mcap baskets set for reshuffle; Largecap, midcap cut offs to decline

The changes, especially in the largecap space, is expected to be the highest in recent years, given the volatility in 2025 so far

The large, mid and smallcap investment space of mutual funds is set for a reshuffle, with over 20 stocks expected to move in and out of each of the market capitalisation (mcap) baskets.

 

Association of Mutual Funds in India (Amfi) revises the largecap, midcap and smallcap stock list in January and July every year.

 

The half-yearly reclassification is crucial for mcap-based schemes like largecap, midcap and smallcap to remain true-to-the-label by aligning their portfolios according to the category mandate.

 

According to an analysis of mcap data of the first half of 2025 (as of June 16), as many as 11