Since the end of July, measures of red-hot small and midcap shares have slumped and just a bunch of heavyweights have been keeping the largecap rally alive
Sensex is up 3.7% this month, while mid-, small-cap indices are down 1.4% and 2.7%, respectively
The Mukesh Ambani-controlled RIL needs to decisively conquer Rs 2,070 mark to attract fresh buying
The Nifty Midcap 100 Index has climbed 20 per cent this year, and the Nifty Smallcap 100 Index has advanced 17 per cent, outpacing the 11 per cent gain in the large-cap NSE Nifty 50 Index
Earlier, the minimum investment in equity and equity-related instruments was 65 per cent of total assets.
There is no need for existing multi-cap investors to panic or take any action, despite the likelihood of higher portfolio risk if the regulations are implemented in their present form.
'We are positive on private-sector banks, both retail and corporate', said Mihir Vora, director & chief investment officer, Max Life Insurance
Large-caps gain, mid- & small-caps continue to disappoint
The Sensex has rallied a little more than three per cent; the BSE mid-and small-cap indices have gone up only 0.6 per cent and 2.1 per cent, respectively