Historical data shows Nifty 50 experienced substantial gains in the months leading up to the general elections. Market participants hope Nifty 50 will repeat this trend before the 2024 General Election.
Of the 22 analysts that participated in the ETMarkets Survey, more than 77% of the respondents see the benchmark Nifty 50 above the 20000-mark, and 81% of them expect the Sensex to top 67000 points by the end of December.
"The recent rally in the market has led to strong inflows into midcap and smallcap funds. However, the valuation gap between largecap and midcap/smallcap stocks has narrowed. Investors looking to invest in midcap and smallcap funds should have a longer term view and manage their return expectations accordingly. Multicap funds, with balanced exposure across market caps, have the potential to deliver good risk-adjusted returns."
Daily Voice | LIC Mutual Fund bullish on these 4 sectors for FY24, says this fund manager moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.
To choose the best performing mutual fund to invest in, a variety of criteria must be taken into account, including benchmarks for funds, the performance of the chosen funds relative to other funds of a similar category, historical returns, ratios, profile of the fund managers, and more.