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In a conversation with Moneycontrol, Mehta spoke about where he sees momentum stocks in the current market and where he finds pockets of opportunity in the small- and mid-cap space
Umeshkumar Mehta, Chief Investment Officer at Samco MF in an interview with Moneycontrol shared his top sectoral picks, and views on how Dalal Street will perform in 2024 and the impact of SEBI stress test on mutual funds.
The net asset value of momentum funds has taken a hit as they consist of several fancied PSUs such as PFC, REC and IRFC. Public sector companies have been the worst hit in the recent broader market meltdown