AMFI releases new stock categorization, cut-offs for largecap hiked to Rs 84,000 crore

AMFI updated market cap categories: large cap threshold at Rs 84,300 crore, mid cap at Rs 27,600 crore, effective till January 2025. Stocks moving: Hero Motocorp to large cap, SRF to mid cap. Small caps increased, including SRM Contractors. Aligned with Nuvama predictions; affects fund visibility, manager decisions, and reclassification, with limited immediate flow impacts.