“Largecaps Reliance, Apollo Hospital, and ICICI have great potential for growth and it is time to get overweight on these stocks. Tata Tele and JP Power are the midcap dark horse opportunities. Midcaps may be frothy but there is still value to be found. The Nifty is likely to reach 20,000 this month. Underlying positive global cues and strong macroeconomic fundamentals are driving factors.”
Equity MF inflows slide 14%; large & midcaps gain traction
Inflows into equity mutual fund schemes fell by 14% in October, reflecting a trend of reduced investor allocations. Although smallcap funds saw decreasing inflows, large