Midcap Strategy News Today

Deepak Makwana, Principal Officer & Head of ACMIIL PMS, discusses the performance of ACE Midcap fund and other funds. He explains the investment strategy, stock selection criteria, rebalancing reasons, market outlook, and the confidence in financials within the portfolio. According to Makwana : "As far as strategy is concerned, we invest with a long-term perspective and do not change on a monthly basis."

Since November 2023, the Sensex and the Nifty 50 have jumped 14 per cent and 15 per cent respectively while the BSE Midcap and Smallcap indices have jumped 21 per cent each.

The broader markets have crashed sharply in this latest round of sell-off. The mid-cap and small-cap indices have underperformed the benchmarks with the Nifty Midcap index down 7.5 percent in six straight sessions, as against a 5 percent fall in benchmark Nifty in this same period.