Move money out of smallcaps to large caps, even as concerns over lofty valuations and likely correction weigh
The founder & managing director of Valentis Advisors says the firm expect a time-wise, as well as price correction, so that the market can absorb the gains made over the past 17 months
Experts say this reflects selling pressure in mid-, small-cap space
The mid and small cap indices, which lagged large caps until early 2020, have covered lost ground, gaining 73% and 104%, respectively, in the past one year
Outperformance to Nifty sharpest in more than a decade
Earlier, the minimum investment in equity and equity-related instruments was 65 per cent of total assets.
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.
Given their high volatility, conservative investors must limit exposure to 5-10% of equity portfolio
"Mid caps and small caps are much more exposed to the uncertainties related to the pandemic, so it would be harder to find value and avoid mistakes"
Aditya Birla Capital, Jubilant FoodWorks, MhpasiS, Narayana Hrudyalaya, and Tata Power are among the 22 SMIDs where it remains bullish.
Market players say while the earnings report card of the broader universe for the last quarter was disappointing, investors are trying to factor in a revival in earnings.
The latest outperformance in the broader market comes after two years of sharp underperformance vis-a-vis large-caps
Shares of Avanti Feeds jumped over 80% in the last 3 months while those of Dr Lal PathLabs climbed around 38% in 6 months. Shares of Deepak Nitrite & Blue Star rose over 30% each in the last 4 months
Investors have taken shelter in some of India's biggest companies amid a credit crunch and the slowest economic growth in six years
Negative returns reflect sombre mood, especially slump in mid-cap and small-cap stocks
If you have stayed invested for over a year, things are likely to be jittery till June-end when the mutual fund industry's reclassification exercise is completed