ICICI Prudential Mutual Fund will resume lump-sum investments in its small-cap fund on January 23, after previously limiting inflows due to stretched valuations. The fund house had warned of overvaluation in mid- and small-cap stocks, noting their market-cap growth outpaced profit share. Valuations have since cooled, though many still consider them elevated.
Realty weakness overdone, midcap correction throws up long-term opportunities: Sandip Sabharwal
Market expert Sandip Sabharwal suggests real estate stock pessimism may be misplaced due to accounting practices, highlighting DLF, Godrej Properties, and Prestige as selective buying