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Thursday, December 21, 2023

AMFI's methodology to classify small caps may face challenges

AMFI's methodology to classify small caps may face challenges https://ift.tt/EGzVFca market capitalisation of stocks in the small-cap category, as per the existing formula, surpasses $3 billion (₹25,000 crore), deviating from the global average range of $300 million to $2 billion, said a report by ICICI Securities.

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