Midcaps this year have reversed much of the gains they made last year. While calendar 2017 was a blistering year for midcaps and smallcaps, calendar 2018 is anything but that.
In June alone, the Nifty indices for these two segments shed about 6 per cent and 10 per cent, respectively. On a year-to-date basis, the Nifty Midcap100 is down 13.8 per cent and the Nifty Smallcap 100 20.8 per cent.
Mutual funds focused on the midcap and smallcap space should also be doing badly. True, m ..
