Motilal Oswal raises mid and smallcap allocation to 50%, stays neutral on Indian equities

Motilal Oswal Private Wealth raised its mid and smallcap allocation to 50% while staying neutral on Indian equities. "We have increased our overweight to mid- and small-caps given their stronger representation in high-growth, new-economy sectors," said Sandipan Roy. The firm also suggests a 40% allocation to hybrids and large caps.