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As per media reports, the Securities and Exchange Board of India may modify the definition of large-, mid- and small-cap stocks. The capital market regulator may expand the universe of large-cap stocks from top 100 companies by market capitalization to top 150 stocks. This comes at a time when investors have expressed their apprehension over too much money getting invested in few companies. Similarly, mid-cap stocks would be defined as companies ranking from 151 to 300 basis their market capitalization and the remaining as small-cap. The Association of Mutual Funds in India (AMFI) is slated to release updated list in early Jan ’20.