Key Points
Feroze Azeez, Dy CEO, Anand Rathi Wealth, says smallcap stocks are the bottom 250 stocks of NSE 500 as per SEBI's definition for a mutual fund investor..
We have gone long on small and midcaps and smallcaps largely on your channel as well on 3rd of January this year and so this indicates several things..
Is it time to book 15-20% profits from small and midcap funds and perhaps migrate to largecap stocks or funds?..
I discovered that the smallest stock in the smallcap index is a Rs 3,200-crore market cap company and the largest one is above Rs 50,000 crore..
Smallcap has a larger allocation than midcap because we are not very comfortable with the 150 companies' earnings potential, which is called midcap..
