The SEBI chairperson had cautioned about pockets of froth in the small and midcaps. How should an investor or a prospective investor approach and react to this? This is to provide guidance to investors on appropriate steps to be taken in this premise based on the investment objective and the phase of investment they are in.Nifty Midcap 150 index is down by 2.95% from 1st of March 24 to the 22nd March and the Nifty Smallcap 250 is down by 6.71% in the same period. This drawdown would mean if you have invested in a midcap or smallcap mutual fund your investments are impacted somewhere in line with this and could be the case if you own a basket of small and midcap stocks.
Valuations in Indian markets have become reasonable: Mirae's CIO Surana
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