Yeah so if you have accumulated largecap stocks during the corona crash now might be a good time to book your profits and invest then in quality midcap and Smallcap. Since largecap won’t be able to generate alpha as much as the small and midcap stocks, it seems a better decision to start allocation there are book some profits.
Also if I may suggest a way for you to pick small or mid cap stocks. Download the portfolios of big Midcap and Smallcap AMCs. Now filter out the small positions and check which stocks have higher frequency in all the portfolios. So for example if 7 out 10 AMCs invest in one particular stock, it might be a quality bet in the long term. Since you are not investing in a stock which has been researched by a single analyst, your chances of loosing go down. Also make sure the mid and Smallcap funds are not of the same AMC, it may lead to overlapping.
I hope this helps. Best wishes for your investment journey.
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