Large Cap investing

Hello Chaitanya,
I would like to know your views about the current classification of AMFI.
Now, their Midcap list starts from 27,000 crores and goes up to 82,000 crores and they call all these companies as Midcaps.
Companies like ICICI LOMBARD are also classified as Mid Caps.

I know that, you have suggested to invest in stocks on our own classification, but then we will deviate too much from classic AMFI classification.
Also, our portfolios will be tilted heavily towards Midcaps and Small caps, if we invest most of the funds in companies with market caps in the range of 20K to 100K crores.

My earlier approach was to allocate based on Market Cap or AMFI but things are changing so fast that, even company with 100K Crore may be classified as Midcap tomorrow, which will force large MF(s) to invest more funds in even bigger companies.
This may generate more outflows from companies with Market Cap below 50K crores even though they might be good.

I am finding it difficult to follow this AMFI and NSE classification rules now-a-days.

Just thought of sharing with you.
(Since I invest 65% in Large Caps and 35% in Mid Caps as I am aged and partially retired professional, I am finding it difficult to find investment worthy undervalued or fairly valued companies as per AMFI classification rules.)

Also, I am thinking whether it is high time for AMFI and NSE to realize this and change the classification rules based on more meaningful International standards.