Navigating the Smallcap Landscape: Opportunity and Challenges

[@saila8020]

Such a mesmerizing way of presenting, "pearls were dropping out of your mouth" Language aha , treat to ears

[@TheBtrivedi]

2:33 - Hrithik Stocks - HDFC Bank, Reliance, Infosys, TCS, HDFC ltd, ITC, Kotak Mahindra. Lot of AUM of AMC's got deployed in Hrithik Stocks in past few years. 3:23 - Salman Stocks - SBI, Axis, L&T, Maruti, Adani and NTPC. Delivered 37% returns beating Sensex in 2022.

[@Bablababla15]

Excellent video

[@ashimpathak5035]

We want Rajeev sir's daily podcast❤

[@shubhamjain54519]

Why

[@vikskukreja]

Superb session, totally loved it

[@satpalkumar5549]

I love raunac omkar presentation ❤

[@shashiDodderi]

excellent - thanks for the presenation

[@vipuls5900]

Excellent knowledge. Thank you

[@TheBtrivedi]

11:24 Active Mutual Funds - They dont have to rebalance unlike Indexes who have to do it every 6 months, thus Active Mutual Funds in SmallCap space do better than Index.

[@preetamshetty6679]

In an emerging country like India we need more fund houses to track and research stocks beyond the top 100. For the top 100 stocks most people are better off with index funds

[@TheBtrivedi]

4:07 - BSE SmallCap Index delivered 17.4% CAGR versus BSE100 15.7% CAGR, i.e. an alpha of 1.7% Alpha CAGR over 20 year period (2003-2023) although with much higher volatility. Just before Mar-20, both Indexes were giving similar returns therefore Index returns alone cant suggest SmallCap will always give better returns.

[@jenitrshah]

don't compare small cap index to large cap index just compare large cap fund to small cap fund over 5 , 10 ,15 year period and see the return.

[@jishnu18]

They performed worst right after covid crash. The message was the return depends on the time you redeem it. May be you had an emergency to withdraw money on April 2020 then you would have been completely locked or might even have to redeem your funds even at a huge loss. Small caps fell close to 60% during that time and large caps about 37%. ​@@jenitrshah

[@subrahmanyahegde485]

How to join this forum offline? Is there a place we can register?

[@ppfasmf]

Thank you for your interest. Please visit this page on the ppfasfof.com website: ppfasfof.com/join-us-now/

[@TheBtrivedi]

1:00 - Context - Summary is that SmallCaps comprise about 7-10% of Profit/OperatingProfit/FCF/MCap of overall market pool.

[@kaustubhroplekar972]

This is factually incorrect

[@MamtaLalwani-j5l]

Thank you Sir

[@tushargoel5522]

Why are there so many cuts at time 1H:01M when Rajeev explains direct investing in small caps? Very bad.

[@SP-xp8vf]

It would be nice if he could show how small caps have performed in other global markets historically

[@karunbirsingh8154]

ATI Uttam

[@GauravBhattYT]

Thank you

[@TheBtrivedi]

5:07 Academic Research - 4IIM Professor's in 2013, based on 1994-2013 period, concluded that there is no conclusive evidence that SmallCaps outperform LargeCaps.

[@sureshganesan8539]

Second questioner was awesome.

[@prabuvm1027]

What are best undervalued stocks to accumulate now at what price for long term my friends?

[@Srushtia-vm1po]

PPFAS is Only mutual fund follows the opposite strategy of other mutual funds and consistently outperforms in longer duration 10yrs, 7, 5yrs.. underperforms in 1-3 yrs with others

[@rachoo2910]

Why don’t you start your own, small cap fund?

[@mahalingamv.]

Kudos.....👍👍.... the presentation was good....ofcourse targetting mutual fund investments.... but the knowledge transfer has not taken in to interest of High middle class investors

[@kaustubhroplekar972]

Very surprising that a Fund House of this reputation skews the data to compare only 250 small caps with Large and Midcaps to inappropriately compare the profit pool. Further surprising that the vast Universe of remaining 4000 smallcap stocks is completely ignored as an opportunity. Seems like the conclusion was decided first and all comments are made accordingly

[@aravinda6512]

Oh yes, there are several companies outside of Nifty 500. But what is their market value? If only a few crores, there would be liquidity problem to invest.

[@loknathp9952]

PPFA launching small cap fund ??

[@remingtondevaram]

Definitely they won't do that at current valuations

[@shivubarbare1234]

They are launching ARBITRAGE Fund NFO

[@VGAKarnataka]

Expecting Parag Parikh Small Cap Fund & Parag Parikh Mid Cap Fund...

[@muditkushalvardhan4644]

Even after so much volatility in active small cap funds, they are able to give 20-22% CAGR over 10 years period. If that is the case, then why an opportunistic behaviour of timely entry and exit is promoted? Why to exit at high valuations and enter at low valuations, if by doing nothing the returns are going ro be 24% over 10 years??

[@hafeezrahman9255]

That 2% is not a small amount to ignore, that's why. The difference in return will be huge if timed right. Why to miss an opportunity?

[@fullstackdeveloper9588]

2024 main SRK?

[@mm2102]

First

[@jenitrshah]

PPFAS has negative view on small cap since last 5 years and i think Rajiv thakkar has biased towards small cap . PPFAS people missed the small cap bus and now they provide illogical reason for the small cap avoidance. small cap valuation is very high now a days no argu on that but when market down at time also they have not increased allocation. if PPFAS also once consider small cap companies which grown to midcap size company but if they not increase their competency in small cap space then very less chance of alpha return possible.

[@hafeezrahman9255]

So it's best to keep our return expectations lower as they are not going to make use of the next ten year small cap growth.

[@aravinda6512]

It would be lovely if you could support your argument with some numbers.

[@NamesAbhay]

Just say that you don't like smallcaps but please don't give biased commentary.