“Over the next decade or so, India is likely to gain in dominance relative to China, when it comes to a number of sectors such as chemicals, pharmaceuticals, steel, and so on. Over a period of time, small and midcaps will continue to outperform their large-cap peers even on a risk-adjusted basis. If one can pick the right kind of businesses to back, a lot of these are likely to become largecaps over the next 3-5-7 years.”
Is the smallcap rally a trap? Only 37% of stocks are outperforming their benchmark
India’s recent smallcap surge indicates that less stock is outpacing the benchmark index, revealing a narrowing group of successful stocks boosting overall returns. Conversely, largecap
August 25, 2026