Amid stretched valuations and lack of positive triggers, analysts suggest investors lower their return expectations from mid-, and small-cap equity mutual funds in calendar year 2024.They rather suggest investors rotate funds to large-cap equity mutual funds this year for relatively better returns.
"The valuation of mid-, and small-cap cohorts isn't very comfortable. Most of the positives are priced-in, and a large number of stocks are trading above their intrinsic value. By comparison, few large-cap stocks are trading at reasonable valuations.
7 mutual fund NFO’s will open for subscription this week
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