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Predictions for 2024: Amid sizzling smallcaps, don’t ignore larger peers: Prashant Jain
Small and midcap indices have outperformed large caps in recent years, leading to higher long-term CAGR. However, this trend may not be accurate due to the interplay between industry characteristics, growth potential, valuations, and prospective returns. Small and midcaps are typically in small and mature industries, while largecaps are in large and mature industries.