Time To Avoid Mid-cap Schemes?
Investors often chase returns. Over the past few years, the mid-cap category of mutual fund (MF) schemes has widely outperformed large- and multi-cap category. If a certain set of schemes does well, money flows into those schemes. Retail investors are, naturally, performance-chasers, egged on by distributors, especially banks. Therefore, it is not surprising to see schemes like ICICI...
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