Ample room for growth in small-mid-caps: Nimesh Chandan,Canara Robeco MF

"Currently, there are no signs which indicate that we are moving into a crisis or a bear market," said Chandan

Valuations in certain pockets are lofty, but there are no signs of markets slipping into bear territory, says Nimesh Chandan, head-investment, Equities at Canara Robeco Mutual Fund. In an interview with Chirag Madia, Chandan says we could see corrections which are normal in any bull market and investors shouldn’t try to time their entry and exit. Edited excerpts:

Markets are hovering around lifetime highs. Do you think they have run ahead of fundamentals?

In March 2020 there was a lot of fear due to Coronavirus (Covid-19). As the mortality rate rose, we saw stringent lockdowns across the country. There was