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The Economic Times
The Economic Times
Surbhi Khanna

59% of large and midcap stocks are at least 20% below their record highs, offering long-term opportunities: Abakkus MF

Abakkus Mutual Fund

Around 59% of stocks in the large & midcap universe are trading more than 20% below their all-time highs following the recent correction, creating an attractive entry point for long-term investments, according to an internal study by Abakkus Mutual Fund.

The study says the current market environment has strengthened the investment case for large and midcap funds. Following the recent correction, a majority of stocks in this universe witnessed meaningful declines from their peak levels, potentially offering attractive entry points for investors looking to build long-term wealth.

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