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Feroze Azeez says: “In a year like this one, large and mid cap is going to outperform large cap because there has been a broader market rally unlike the last few years. If the broader market rally continues, which is likely if governance or government continues, mid cap and the broader market should continue the performance.”
The BSE Sensex on Monday rose marginally by 31.68 pts at 72,271.94 on the strength of Energy, Telecommunication and BSE services stocks.
On average, they invested Rs 15,100 crore a month via MF SIPs in 2023, while 26.8 million new demat accounts till November showed large direct retail participation. Foreign investors panicked halfway through the year but, in the end, flocked back to pump in highest-ever Rs 1.75 lakh crore, bettering 2020s Rs 1.73 lakh crore.
These 5 mid-cap mutual fund schemes have given almost 40% return in one year