The Economic Times

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

Around 59% of large and midcap stocks are trading at least 20% below their all-time highs after the recent market correction, creating attractive long-term investment opportunities, according to Abakkus Mutual Fund. The fund house believes improving earnings, reasonable valuations and active stock selection could drive the next phase of returns.