Small and midcap stocks have surged in popularity recently, marking a substantial upswing. Their benchmark indices have shown remarkable resilience, surging by more than 40 per cent from their lows earlier this year in March. However, there is a burgeoning concern that the market might be approaching an overheated state, with stock prices of numerous companies seeming to detach from their underlying fundamentals.
In light of this backdrop, it becomes quite intriguing to closely watch the stocks that equity fund managers are either increasing or decreasing their exposure to. In the midcap segment, notable inflows from domestic mutual funds (MFs)