Correction in midcaps: What you need to do to structure your portfolio

What should be your midcap strategy and how to separate the wheat from the chaff

You do not really need to be a very perceptive analyst to understand that midcaps have corrected sharply since the beginning of the calendar year 2018. There have been various reasons touted for the same. While higher oil prices are being cited as one of the reasons for the midcap crash, the fall in commodities is also a key factor. Then there are technical factors like the introduction of additional special surveillance (ASM) margins, which has hit mid-cap stocks quite badly. The recent Union Budget announcement to impose capital gains on LTCG also led to a rush to book profits