The top five midcap stocks that LIC holds
- The insurance major has stakes in 71 of India's 150 midcap companies. Here are the top five ones.
Midcap stocks have outperformed the benchmark indices in 2023. These high-growth companies are often picked up by institutions based on factors such as liquidity and valuation. Currently, the wind is flowing towards midcaps and smallcaps as compared to largecaps as euphoria is still building up in the broader market.