Shailendra Kumar, Chief Investment Officer at Narnolia Financial Advisors feels there is enough headroom for sustained superior performance by mid and small-cap companies.
“Nifty Smallcap 100 index was 0.89 times of Nifty50 during early 2018 but after underperformance during 2018-2019 and the first half of 2020, Nifty Smallcap 100 index came to just 0.41 times during April-May 2020. Currently, with some outperformance by Nifty Smallcap 100 Index, this ratio is at 0.61,” he explained in an interview to Moneycontrol’s Sunil Shankar Matkar.
Shailendra Kumar co-founded Narnolia Securities in 1997. He is known for his deep understanding of investment theories, stock-selection and portfolio allocation.