Samir Arora says coming to smallcaps, it does not matter if there is a graceful correction or a sharp correction because broadly the outperformance is unrealistic and not in line with any form of history, provided the cycle is over. In the middle of the cycles, there have been similar outperformance in previous phases also. So, it is basically not an avoid, but one has to scrutinise a lot before buying a smallcap.
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