Illustration: Sameer Pawar
Valuations of large-caps have gone up but mid-caps are far more expensive
The relative safety of large-cap stocks is also higher because large-cap companies have more exposure to global growth. And, according to the International Monetary Fund (IMF), global economic activity is expected to pick up in 2017-2018: Growth in both advanced economies and emerging markets and developing economies (EMDEs) is forecast to accelerate in the next fiscal, up to 3.4 percent and 3.6 percent respectively.(This story appears in the 03 March, 2017 issue of Forbes India. To visit our Archives, click here.)