Jio Financial earns largecap status, Tata Tech gets midcap slot in AMFI rejig

Following a reshuffle by the Association of Mutual Funds in India (AMFI), Jio Financial has entered the largecap segment while three other debutants – Tata Tech, JSW Infra and IREDA have sauntered into the midcap category.

The largecap threshold now stands at Rs 67,000 crore, up from Rs 49,700 crore in June 2023. The midcap cut-off has risen to Rs 22,000 crore, compared to Rs 17,400 crore previously.