Devina Mehra, Founder & CMD of First World has emphasised the significance of sustaining a big and regular portfolio moderately than investing in small and micro caps. In an interplay with ETNow, she famous that market corrections are regular, with smallcaps being extremely risky.
She acknowledged how her recommendation has remained unchanged regardless of market corrections and that, in line with her, smallcap actions are at all times dramatic, and after they fall, they fall like a stone. She suggested traders to not count on previous market leaders to carry out properly within the subsequent bull run. As a substitute, she beneficial taking losses the place vital and reinvesting in stronger shares, stating that the market has little interest in an investor’s buy worth.