If you are looking for a decent stock entry point, your search ends here. Mid and smallcaps offer a solid growth outlook on earnings across the spectrum, S Krishna Kumar, CIO-Equity, Sundaram Mutual Fund, told ET Now.
Edited excerpts:
One of the most asked questions of late is what is happening in midcaps? Is the party over and how are midcap fund managers defending their funds?
We are in a phase when market sentiments are impacted by both global events and also the impact of some of the global events on Indian macros. Crude at close to $80 is something that one did not anticipate and that has created a lot of pressure on the trade deficits and the current account and how the fiscal of the current year deteriorated, if at all.
