midcap and smallcap stocks: ETMarkets Fund Manager Talk: Consolidation in few pockets likely as market valuation looks stretched: Shreyash Devalkar, Axis MF

We believe in a long-term approach to investing and accordingly hold selected positions in companies we believe will grow over a longer period of time. The mid and smallcap segments are well represented by the investment and exports sector, which includes chemicals, auto ancillary and manufacturing while the consumption theme has a broader representation in the large cap space.

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