Equity markets have been fairly polarised in the last couple of years. Kaustubh Belapurkar, Director - Manager Research, Morningstar, said 2017 was the year of midcaps and this translated into superior returns for midcap funds. In 2018 so far, largecaps had a relatively better showing as compared to benchmarks. He feels multi-cap funds can potentially be a great investment opportunity in the current scenario given the funds flexibility of investing across market capitalisation.
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