ETMarkets Fund Manager Talk: This Rs 35,000-crore fund manager sees no meaningful alpha between largecap & midcaps in 2023

India outperformed all major markets in 2022 driven by resilient and superior earnings on a relative basis. India was also supported by very strong domestic flows. We think the probability of both these things repeating looks low at least during 1HCY23 (Jan-Jun) on a relative basis.

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