We have technology-based investing technology itself, which discovers stocks in the first place. This is an unfortunate consequence of trying to rein in prices if you cannot bring those prices down significantly from there. The largest fund in India by AUM, actively managed, non-ETF, non-index fund is a midcap fund. I do not think all 200 smallcap stocks will end up having circuits all the time. Some circuits will be there, some stocks will be difficult to exit in case of a downturn.

Source: Economic Times March 01, 2024 04:29 UTC