AMFI Categorisation: Vedanta Aluminium may get largecap status; Vedanta Power, Physicswallah, others to enter smallcaps

The Association of Mutual Funds in India is expected to announce its semi-annual stock re-categorisation in the first week of July, with changes effective from August 1, 2026. Nuvama Alternative Research estimates place the large-cap cut-off at around Rs 1.07 lakh crore and the mid-cap cut-off at about Rs 32,800 crore. Newly demerged Vedanta Aluminium may enter the Largecap segment, while Vedanta Power, Vedanta Oil and Gas, and Vedanta Iron and Steel are likely to enter Smallcap, alongside several other stocks moving between the three market-cap categories.