 "small-mid cap, fund managers")
Mid-cap and small-cap funds have outperformed large-cap funds during the bounce back from the June 2022 lows. While large-cap funds have yielded 7.1 per cent, mid-cap and small-cap funds have given returns of 11.4 per cent and 12.9 per cent, respectively, over the past three months ended October 10.
One reason for this outperformance is the domestic orientation of mid- and small-cap segments. “Large-caps have larger exposure to information technology (IT), energy, commodities and financials. Mid- and small-caps have greater exposure to capital goods, chemicals, building materials, and consumer discretionary companies that are relatively smaller and cater
