Beware of small caps and regulation, says Indian Fund Manager
5 years, 11 months ago

Beware of small caps and regulation, says Indian Fund Manager

Live Mint  

Mumbai: With national elections set to potentially shake up Indian markets this year, the $1.5 billion Matthews India Fund has a bit of advice: don’t buy small caps or stocks that are easily influenced by the government. “Large-capitalization stocks currently represent the most attractive part of the Indian stock market as valuations are broadly in line with historical averages and expectations for future growth are achievable,” said Peeyush Mittal, a co-manager of the fund based in San Francisco. The fund, which has returned an average of 15 percent annually over the past five years versus about 12 percent for the S&P BSE 100 Index, also has moved away from industries that are highly regulated or at risk of government intervention. “A government formed with the support of too many small political parties lends itself to instability and dampens the confidence of businesses at large to make the future investments necessary for growth and innovation,” the fund manager wrote in an email.

History of this topic

Aditya Birla Sun Life Small Cap Fund performance review analysis for January
4 hours, 15 minutes ago
Here’s how the government could offer India’s stock market some relief
8 hours, 48 minutes ago
Bearish Streak: Nifty Midcap and Smallcap indices plunge up to 5.5% in just 3 days
5 days, 1 hour ago
Kotak Small Cap Fund performance review analysis for January
5 days, 4 hours ago
Axis Small Cap Fund performance review analysis for January
5 days, 4 hours ago
Indian shares edge lower on worries over likely moderation in earnings
6 days, 5 hours ago
Top Mutual Funds: These are the best small-cap MFs to invest in 2025. Do you own any?
1 week, 4 days ago
Indian Stock Market Faces Volatility in 2024, But Ends Strong
2 weeks ago
Stock market today: Nifty 50, Sensex close flat, wrap 2024 with modest gains; mid, small-caps outperform
2 weeks, 1 day ago
Best Mutual Funds: These equity schemes across market cap gave highest returns in the past 1 year. Do you own any?
2 weeks, 4 days ago
Stock market this week: Top 5 stocks with the biggest gains and losses
2 weeks, 4 days ago
Small-cap stocks under ₹100: Experts recommend six shares to buy next week
3 weeks, 4 days ago
Stock Market Today: Sensex Plummet 400 Points, Nifty Below 23,850
3 weeks, 5 days ago
Investors’ wealth erodes by ₹9.65 lakh cr in four days of market sell-off
3 weeks, 5 days ago
Markets decline in early trade dragged by Reliance, HDFC Bank; caution ahead of U.S. Fed rate decision
4 weeks, 1 day ago
Best Mutual Funds 2024: THESE large cap, mid cap, small cap schemes beat the benchmark index in past 1 year
4 weeks, 2 days ago
Market Outlook: Mid and small-caps outperform Nifty 50 in 2024: Will the trend continue in 2025?
1 month ago
Small-cap stocks to buy under ₹100: Experts recommend THESE five shares to buy today
1 month, 1 week ago
Investment strategy: How to invest in 2025 after Sensex, Nifty 50 deliver 13% returns in 2024?
1 month, 1 week ago
Share Market Today: Sensex Sheds 700 Points; Nifty Below 24,100. IT, Auto Drag
1 month, 2 weeks ago
Mid and small-caps are likely to outperform large-caps in the coming year too, says Divam Sharma of Green Portfolio PMS
1 month, 3 weeks ago
Three recently debt-free stocks mutual funds can’t get enough of
1 month, 3 weeks ago
Best Mutual Funds: 10 flexi cap schemes gave over 15% annualised return in the past 3 years. Do you own any?
1 month, 4 weeks ago
Eicher Motors leads Indian shares higher at the open
Trending News
2 months ago
Sensex tumbles over 800 points. Here's how much money investors lost
2 months ago
Sensex falls 836 points as markets start pricing in Trump’s victory effects on EM financial assets
2 months, 1 week ago
Foreign Investors' Selling Snarls India's Stock Market
2 months, 3 weeks ago
Stock Market Today: Markets decline in early trade after record rally
4 months ago
Stock market update: Sensex drops 100 points, Nifty slips below 24,350
5 months ago
Broad Based Relief Rally in Market After Three Day Decline
5 months, 1 week ago
Economic Survey 2023-24: Capital markets becoming prominent in India's growth story
5 months, 3 weeks ago
Sensex, Nifty open at record highs; BSE market cap rises to Rs 432 lakh crore
7 months ago
Stock Markets Hit Two-week High on Last Hour Buying
7 months, 4 weeks ago
Investors lose Rs 7.34 lakh cr as Sensex tanks over 1,000 points
8 months ago
Time to worry or an aberration? Small cap funds outflow hits Rs. 94-cr mark, AMFI data shows
9 months ago
Stock market today| Sensex crosses 75,000: Who are top gainers, losers? What's behind the rally?
9 months ago
Stock market today: Sensex, Nifty 50 snap 3-day winning streak on profit booking; small, mid-caps gain
9 months, 1 week ago
Over 50 smallcap stocks drop 10-50% as broader indices log worst week in 15 months; RailTel, RITES among losers
9 months, 4 weeks ago
Stock Market Highlights: Markets fall after a day’s breather on weak global market trends, foreign fund outflows
9 months, 4 weeks ago
Why is Sensex falling today and what to expect next: Should you invest or not
10 months ago
Stock market today: BSE Midcap, Smallcap rise over 1% each after rout. What should you expect?
10 months ago
Smallcap, midcap selloff: Jefferies says it's a healthy correction, not a larger meltdown
10 months ago
NSE boss has this message for small investors: ‘If no capacity for high risk…'
10 months ago
Nifty Smallcap 100 index slides 5% to 12-week low: List of stocks trading in red
10 months ago
Small caps rally in India boosts emerging markets index
10 months, 3 weeks ago
Global Cues, FPIs Buying Equities Drive Market Up
11 months, 2 weeks ago
Small cap stocks: Are they consistently outperforming large caps?
11 months, 2 weeks ago
Year Ender 2023: Small Stocks Give Big Returns To Investors, Lead Bull Run
1 year ago
Market opening: Sensex initiates in negative territory at 69,518, Nifty declines to 20,906
1 year, 1 month ago
Sensex gains 40 points, Nifty surpasses 19,285 mark in positive trading session
1 year, 2 months ago

Discover Related