New Delhi, July 27 -- Mid-cap and small-cap stocks often come under scrutiny whenever markets turn volatile. Concerns over expensive valuations, liquidity, and sharper corrections frequently dominate investor discussions.

However, a look at 20 years of market data suggests these segments have consistently rewarded investors during strong market cycles, despite experiencing steeper declines in weak years.

Highlighting this trend in a recent post on X, Niranjan Avasthi, President at Edelweiss Asset Management, argued that the criticism directed at mid- and small-caps often overlooks their long-term wealth-creation potential.

"Mid & smallcaps get scolded a lot. They get scolded in every correction. Get questioned on their volatility, gove...