Experts say it's time to look at mid-caps, suggest looking at mid-cap funds through the SIP route
New Delhi, Oct. 9 -- While the current stock market dynamics are dominated by concerns over higher oil prices, the rupee's weakness, rising US bond yields, and foreign capital outflow, experts believe this is the time investors should consider mid-caps over large-caps and go through the systematic investment plan (SIP) route for wealth creation in the medium to long term.
According to experts, the recent pullback in mid-cap stocks has made this category attractive at current levels.
Mid-cap funds focus on investing in companies that have delivered above-average growth in the past. The key characteristics of this category of mutual funds lie in their emphasis on capital appreciation rather than regular dividend payouts. The category has ...
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