Fund Review: Mirae Asset India Equity Fund

Fund managers have been finding it difficult to generate alpha even as markets are trading at peak valuations. One of the key reasons for this is a large part of inflows have made way into buying already expensive largecap companies that have relatively better financials and revenue growth visibility. In addition, adherence to market capitalisation definition of midcap companies by market regulator Sebi is posing hurdles for fund managers to look for long sustained interesting ideas in the midca ..

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