AMFI reshuffle may lift NSE to largecap in CY27
In short
AMFI may change fund and stock categories in its H1 CY27 reshuffle.
Nuvama expects NSE to move into largecap and SBI Funds Management to move into midcap. The new labels would start on February 1, 2027, but the final list is not yet known.
What the reporting says
AMFI’s H1 CY27 reshuffle could move NSE into the largecap category and SBI Funds Management into the midcap category, according to Nuvama cited by Economic Times Mutual Funds. The summary also said Bosch, Siemens Energy India and others may be upgraded, while some largecaps could move down. The revised classification is set to take effect from February 1, 2027, after H2 CY26 market-cap rankings.
Why it matters
The reported AMFI reshuffle could reclassify NSE as a largecap and SBI Funds Management as a midcap based on H2 CY26 market-cap rankings. The summary also mentions possible upgrades for Bosch and Siemens Energy India. The final classification and the full list of upgrades or downgrades are still unknown.