<ul><li>Companies behind India's three biggest IPOs this year — Hyundai Motor India Ltd., NTPC Green Energy Ltd. and Swiggy Ltd. — are likely to be categorised as large-cap stocks by the Association of Mutual Funds in India.</li><li>Several AMFI-classified mid-cap stocks like CG Power and Industrial Solutions Ltd., Rail Vikas Nigam Ltd., and Indus Towers Ltd. are also expected to join the large-cap club.</li><li>The AMFI large-cap cut-off is anticipated to surge to Rs 1 lakh crore, while the mid-cap threshold is expected to soar to Rs 32,800 crore.</li><li>The change in categorisation will not lead to incremental inflows or outflows. The re-categorisation is periodically undertaken as per a directive by the Securities and Exchange Board of India.</li></ul>

Hyundai To NTPC Green — Biggest IPOs Of 2024 Expected To Join Large-Cap Basket

Discover more