Key Points
Akhil Chaturvedi, Director & Chief Business Officer, Motilal Oswal AMC, says this is a year where largecaps could catch up because in the last three years, large caps have underperformed the mid and smallcaps..
But the long term story for mid and smallcaps, from India's context, looks extremely exciting..
Akhil Chaturvedi: Yes, so if you see the past data, which we have put in our presentation, it clearly shows that prior to all the general elections, the markets have given positive returns, more specifically in the midcap and smallcap space..
The smallcaps and midcaps have not run up only on hope or expectation of earnings growth but we have actually seen delivered earnings growth in the last three years..
Akhil Chaturvedi: I am very clear that if you are investing in smallcaps, you should have a 10 year plus kind of horizon because these are young companies, these are emerging businesses, they are vulnerable to risk..
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