AMFI Rejig: Mazagon, Solar may rise; RVNL, Swiggy face downgrade risk
By : Krishna Mishra
The latest AMFI reclassification could see Mazagon Dock and Solar Industries upgraded to large-cap status, potentially boosting their weightage in mutual fund portfolios. This reflects the growing institutional confidence in defence and energy sectors amid government spending hikes. Meanwhile, RVNL risks a downgrade to mid-cap after recent underperformance, while Swiggy faces exclusion threats due to valuation concerns post-IPO.
Market Impact & Investor Watchlist
The reshuffle may trigger short-term volatility, with index funds forced to rebalance holdings. Analysts suggest the changes highlight a shift towards "hard infrastructure" stocks over new-age tech. Investors should track official AMFI announcements this week for confirmed changes affecting nearly ₹22,000 crore in passive fund allocations.