INCOME TAX4 Sept 2026
Are large-caps attractive after correction? Here’s what investors need to know | Mint
Large-cap stocks are getting attractive after a correction, says Axis Mutual Fund's chief investment officer. They're below their long-term averages, but not absolutely cheap. Banks are looking better with credit growth up and clean asset quality. Export-focused manufacturing in mid- and small-caps also has opportunity. If you hold only small-caps, diversify into a flexi or multi-cap fund and stay the course.
Key Statutory Highlights
- Large-cap stocks are trading more than one standard deviation below their long-term averages, but they are not absolutely cheap.
- System credit growth has risen from around 10% a year ago to 16-18%, and banks have clean asset quality.
- Mid- and small-caps look expensive on a P/E basis but are compounding earnings growth of over 15%, so pick stocks carefully.
Actionable Advice for Taxpayers / Founders:If you are invested only in small-cap funds, consider shifting part of your money into a flexi-cap or multi-cap fund to spread risk, then stay the course.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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