Valuations in the smallcap space are "stretched." With smallcap index touching new highs every day, many market pundits are advising investors to shift their investments to largecap. Should mutual fund investors shun their smallcap funds?
The smallcap category has given eye-popping returns in the past few years. The category returned 36.10 per cent in the last one year, 36.57 per cent in three years and 25.06 per cent in the last five years. In comparison, the largecap category h ..