As per data from primeinfobase.com, the share of stake held by retail investors in companies listed on NSE went up to 7.53 percent as on June 30 from 7.51 percent as on March 31. In value terms, retail holding stood at Rs 34.25 lakh crore as on June 30.
The month of February has traditionally been one that has seen underperformance by the smallcap index, with 12 out of last 17 years giving negative returns.
He also said that the bulk of the foreign selling may be behind us, and the ferocity of the outflows may not continue. Markets are likely to bottom out soon and FIIs will re-look at India, Venugopal Manghat added.
The Indian economy has bottomed out. The pace of recovery will, however, be slow given the lack of global support, inability to drive leverage-led growth and constrained government finances.
Data from Morningstar shows that SMID stocks accounted for a little over 21 percent of ICICI Prudential AMC’s total assets under management (AUM) in pure equity schemes as on December 31, 2024.
In January, inflows into smallcap funds rose by 22.6 percent MoM to Rs 5,720.87 crore. Mid-cap funds saw a marginal rise to Rs 5,147.87 crore, while largecap funds continue to find more takers.
A note by Whiteoak Capital made a case for SIPs, and said that the 'Cost of Delay' of starting late can be huge over the long term and the longer the market takes to reach the bottom, the higher the 'Cost of Delay.'
Gautam Chhaochharia, head of India research at UBS Securities is bullish on Info Edge in the e-commerce space and likes the auto anciallary space as a whole. He feels auto ancillaries may be a better way to play the auto sector for now.
Now that the priority is preserve capital rather than chase returns, seems like old fashioned investment benchmarks are back in fashion again.