“Using valuation as a standalone variable can be misleading and it has to be seen in the context of earnings growth. When one juxtaposes earnings growth expectations along with current valuations, we see no reason to prune market exposure or turn cautious,” says Abhishek Gupta, fund manager – equity, at the fund house.
75% small cap mutual funds outperform their benchmarks in September
In September, about 75% of small-cap mutual funds outperformed their benchmarks, with SBI Small Cap Fund and Tata Small Cap Fund leading returns, while Nippon
October 2, 2024