Samco's Umesh Mehta Shifts 75% to Small Caps as Mega Caps Stall

Umesh Mehta, the head honcho at Samco Mutual Fund, is shaking things up by moving 70% to 75% of the Flexicap Fund into mid-cap and small-cap stocks. Why? Because the mega-cap stocks are stuck in a rut! Mehta sees golden opportunities in smaller firms, especially in defense, power, and AI, as India pushes for local manufacturing.