"Midcaps and smallcaps usually are subject to higher volatility, especially when their valuations are on either extreme. Currently, a good chunk of small and mid-cap stocks is trading at higher valuations. Whenever there is such a scenario, even a small negative news has a larger impact on the stock prices which we witnessed a few days back even though it was temporary. So, yes at least in the near term, we see more valuation comfort in the largecaps and larger midcaps," said Viraj Gandhi, CEO, SAMCO MF.
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The Nifty LargeMidcap 250 Index aims to reflect the performance of the large and midcap companies listed at NSE with 50% weight allocated to each segment. The 250 stocks of Nifty LargeMidcap 250 Index are the combination of the universe of stocks forming part of Nifty 100 Index and Nifty Midcap 150 Index.
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