Why does veteran Shankar Sharma have his eyes on smallcaps?

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Key Points

Market veteran and a well-known stock picker Shankar Sharma doesnt actively manage funds these days..

Sharma has always been known for his smallcap bets, many of which have become multibaggers...

I have been around for 30 years in this game, he said.. Sharma is a believer that fund managers should manage public money in a bear market and not in a bull market..

In a bull market, you should manage your own money because why should you settle for half a percent when you can make a thousand percent?, he says.. Sharma is extremely bullish on the India growth and sees prospects of benchmark Sensex hitting the 1,00,000 mark..

And, in a growing country like India, Sharma sees some incredible public offers coming in the way of Dalal Street, despite the bad experiences with some of the new-age tech firms...

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I think with the larger size of the opportunities, the scale itself becomes much larger, much larger. So, today is actually probably the best time in the history of modern India that you should be out there investing because a $3 trillion economy will grow. You will simply add $150-200 billion in GDP every year, which used to be the GDP when I entered the market, just the scale is massive. Nothing is lost. It is not too late. Get in now.