UTI AMC's V Srivatsa Warns of High Midcap Valuations, Favours Largecaps on Risk-Reward Basis
The mid cap also is expected to grow in similar lines and trades at 50% premium to large caps. While the longer-term outlook for mid cap is superior to large caps, the valuation premium is at record high and there could be mean reversion especially when the growth is picking up for the large cap…