AMFI is expected to categorise stocks in large caps, mid caps and small caps with effect from January 5 2021 based on average market cap for H2CY20. Yes Bank holds 88 rank in Indain stock market with a market capitalisation of Rs 333 billion and is likely to switch from mid cap to large cap. MRF, NDMC, Bank of Baroda are speculated to change from large cap to mid cap.
Yes Bank likely to switch from mid cap to large cap in AMFl list
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Srushti Vaidya
Srushti Vaidya is a mass media student from Ramnarian Ruia Autonomous College, Mumbai. She holds interest in politics and wants to pursue her carrer in journalism. Contact her at vaidyasrushti19@gmail.com