Since the beginning of this year, equity indices have been on a remarkable ascent, particularly the broader equity market indices. For instance, the Nifty Mid-Cap 150 index has surged by 23 per cent year-to-date, a remarkable contrast to the single-digit returns offered by large-cap indices like Nifty and Sensex during the same period. Following a pendulum-like pattern, mid-cap stocks are emerging strong in FY24 after exhibiting subdued returns in the previous financial year of 2022-23. This resurgence is already evident in the past few months.
Historical trends reveal a recurrent pattern where mid-cap indices bounce back with superior returns after periods of subdued performance. For instance, in 2013, the Nifty Mid-Cap 150 yielded negative returns, only to generate over 50 per cent returns in the subsequent year, 2014. A similar trend was observed in 2015 and 2016, where mid-cap returns were modest, but then experienced a surge of over 50 per cent average returns in 2017. Therefore, the year 2023 is poised to be another favourable year for mid-cap investments.
The evolution of investors as mature ones in India owes much to proactive regulatory measures and the guidance provided by intermediaries. This maturity is evident in investors’ approach towards the mutual fund landscape as they gravitate towards opportunities for wealth creation. Over the last year, ending in July 2023, the number of folios, indicating unique investors in the category, has grown significantly from 94 lakhs to 1.13 crore, marking a substantial increase of around 18 lakhs or 20 per cent. This surge highlights the growing interest and participation of investors in mid-cap investments over the past year.
この記事は Dalal Street Investment Journal の September 11, 2023 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Dalal Street Investment Journal の September 11, 2023 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
How To Invest In An Ageing Bull Market
Bull rallies (periods when stock prices rise) and bear declines (periods when stock prices fall) are natural parts of stock market cycles, but they don't follow a fixed timeline.
Should You Entrust All Your Money To A Single AMC?
If you are a market participant, you have probably heard the quote 'don't put all your eggs in one basket', which suggests diversification. Investors often focus on diversifying across categories like large-cap, mid-cap and small-cap, but they may unintentionally overlook diversification across different AMCs. The question arises: is AMC-wise diversification really necessary? Rakesh Deshmukh takes a closer look at this scenario
Wild Swings Engulf Global Equities
U.S. stock markets experienced significant volatility. An early-week rally pushed the markets to new highs, but this momentum faded, primarily due to weaknesses in the tech sector. The major indices had a mixed finish with, S&P 500 and Nasdaq closed lower, while the Dow recorded a notable gain.
U.S. Elections and China's Economy Hamper Commodities
Commodity markets experienced selling pressure in the last fortnight, driven by uncertainties surrounding the upcoming U.S. presidential elections, concerns about the Chinese economy, and increased agricultural production in Brazil.
Wealth Building For Retirement Through Mutual Funds
Retirement is one of the most crucial and lifechanging phases. It marks a period where maintaining your lifestyle becomes paramount even though your regular income stops.
Mastering Investment with Information Ratio
Information Ratio helps in navigating the complexities of the investment landscape by assessing an active fund manager's performance. And though it has its limitations, it remains an essential part of the finance industry. The article explains what Information Ratio is and how investors can use it as another tool
Plan To Be Financially Independent
Each of us aspires to be financially independent as it ensures having enough resources to be self-sufficient and control our finances.
❝Technology is the new game-changer"
With a new breed of young investors entering the financial markets, it is the use of technology that is increasingly playing a major role in how investments are done and tracked. Anand Radhakrishnan, Managing Director, Sundaram Mutual Fund, shares his opinion about how this factor is turning into a significant tool and how it will shape the strategies of his company
What If Donald Trumps?
The potential election of Donald Trump as president in the U.S. carries significant implications for the Indian equity market. It could lead to changes in the global trade dynamics, in particular affecting the Indian IT sector while also raising inflation levels and leading to yet another revision in the visa programme for Indians who want to work in the US. The article takes a closer look at what may lie in store
Sectoral Gains Make A Mark
Benchmark indices continued their uptrend, reaching new record highs, although the pace has slowed as the broader markets faced selling pressures
