Telling HNIs to put at least 60% in naked equity; not to quit smallcaps yet: Feroze Azeez
Feroze Azeez says: “Total SIP numbers for this year are greater than the total net sale of equity mutual funds in India which means the HNIs have redeemed money and retail has been very smart over the last two-three years, but HNIs have been selling money from equity because of the over-analysis and the pessimism.”
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