Amfi’s reclassified list to see Adani Gas, NMDC, others join large caps

Adani Gas, Apollo Hospitals Enterprise, Cholamandalam Investment, NMDC NSE 0.06 %, Honeywell Automation and Bank of Baroda are likely to be reclassified as large-caps from mid-caps in the upcoming semi-annual review by the Association of Mutual Funds in India (Amfi), according to reports by Edelweiss Alternative Research and IIFL Alternative Research.

Meanwhile, Abbott India, Hindustan Aeronautics, Alkem Laboratories, Hindustan Petroleum, PI Industries, Petronet LNG are likely to be reclassified to mid-caps from large-caps. The reclassified list of large-cap, mid-cap and small-caps will be released by Amfi by the first week of July and will be effective for the July to December period.