Analysts suggest that the overall market valuation has become attractive after the recent correction and investors can start buying large-cap stocks from a medium-to-long term perspective.
ICICI Prudential Bluechip Fund has generated higher returns than its benchmark over the one- and three-year periods by minimising risk and focusing on steady performance
Investment objective of scheme is to provide investors with opportunity of long-term capital appreciation by investing in a concentrated portfolio of equity and equity-related securities
The data from the Association of Mutual Funds in India shows that daily AUM of the large-cap category stood at Rs 2.10 trillion in August against Rs 1.97 trillion in July
Since the end of July, measures of red-hot small and midcap shares have slumped and just a bunch of heavyweights have been keeping the largecap rally alive
The Nifty Midcap 100 Index has climbed 20 per cent this year, and the Nifty Smallcap 100 Index has advanced 17 per cent, outpacing the 11 per cent gain in the large-cap NSE Nifty 50 Index
There is no need for existing multi-cap investors to panic or take any action, despite the likelihood of higher portfolio risk if the regulations are implemented in their present form.
The Sensex has rallied a little more than three per cent; the BSE mid-and small-cap indices have gone up only 0.6 per cent and 2.1 per cent, respectively