Episode 72: How to handle the mid-cap mayhem
The sharp decline in the mid and small cap space has left investors in a state of panic. Since the start of the year, the Nifty Midcap 100 index is down 12.5%, while the Nifty Smallcap 100 has plunged 20%. Mutual funds investing in such stocks have also witnessed substantial value erosion. Those who thought that their gravity-defying performance of 2017 would sustain were in for a rude shock. But is the worst behind us? Or is it just the start of a long, painful retreat from the excesses built into these market segments? What should a mid-cap fund investor do now?
My Financial Goal #1
Buy a House
July 31, 2022