If the battered midcaps and smallcaps are looking attractive in a market that is lifting the benchmark indices to new lifetime peaks every other day, this article may change your mind!
One of the key drivers of last two years’ rally in midcaps and smallcaps may have lost steam. This is exactly what UBS believes.
The brokerage noted that while flow from local mutual funds (MFs) has had more relevance for smallcaps and midcaps (SMIDs) than foreign flows over the past two years, ..
