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New highs in mid-caps worry analysts

Experts feel taking some profits off the table will be good for investors

Joydeep Ghosh  |  Mumbai 

The going has been good for investors in mid-cap funds for some time. With the mid-cap index hitting a new high a couple of times in the past few weeks (15,188 on August 19), investors have had a good opportunity to make money.

Even over a longer period, things have been good. An investment of Rs 1 lakh in a good mid-cap fund would have easily doubled by now. According to data from Value Research, the annual category average returns of mid-cap funds has been as much as 20.71 per cent in the past five years, far higher than the category average returns of large-cap funds at 13.48 per cent ...

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First Published: Thu, August 25 2016. 23:29 IST