This is a model which is perfect for the lofty valuations of Nifty today. If you were to compare earnings to the multiples, we are probably at the top quartile of valuations historically. At this point of time, we feel the model that we have implemented makes the most sense, Kamath said.
Largecaps look better as smallcaps price in strong growth: Franklin Templeton’s Arihant Jain
Largecap stocks offer a better risk-reward balance than mid- and small-caps as higher growth expectations are already priced into smaller companies, according to Arihant Jain
September 6, 2026