Situation has improved but we are still not out of the woods: Vinit Sambre

Investors are chasing good performance and companies which are doing better are being bid up disproportionately

Navigating the market has been a challenge as good quality stocks are expensive and cheaply-valued are not finding enough takers, says Vinit Sambre, head of equities, DSP Mutual Fund. In an interview with Samie Modak, Sambre says investors with a five-year horizon have good buying opportunities in several sectors. Edited excerpts:

The going has been tough for the mid and small-cap stocks. What has been the key learnings? How have you navigated some of the challenges?

The correction in the mid- and small-cap stocks was overdue, given the overheating which the category had seen towards the end of 2017. We were quite