Midcap valuations have cooled but remain elevated, says Satish Mishra, Fund Manager at Tata Asset Management. Backing capex-driven industrials, healthcare, and NBFCs, the Tata Midcap Fund focuses on “growth at a reasonable price” and sustainable compounders. Mishra advises SIPs over lump-sum investments amid volatility, with a 5-year+ horizon for those entering the midcap space now.
