Small-cap stocks are the stocks of publicly traded companies that have a market capitalisation of less than Rs 5,000 crore. Experts say these underlying companies are more volatile and vulnerable to losses during downtime in the market, as they are young and seek to expand aggressively. In a small-cap fund, the fund manager invests a minimum of 65 per cent of the portfolio in small-cap stocks.
Can the defence sector continue firing after 100% gains?
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