small-cap mutual fund schemes: ETMarkets Smart Talk: Investors should avoid deploying new capital to small and midcap mutual fund schemes: Mohit Ralhan

"Solid domestic consumption, an upswing in corporate capex and increased attractiveness among foreign investors mean that Indian stock indices will continue to do well in 2024. However, investors should be mindful of the risks as well. A prolonged recession in the developed world like the US and Eurozone could have negative consequences for Indias export-oriented sectors like IT, healthcare etc."

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