Mid- and small-cap funds: Hold tight, stay the course

Market swings can be nerve-wracking. But volatility is the price of high returns. Mid- and small-cap stocks, known for their high growth potential, also come with dramatic ups and downs. After a roaring run in 2023 and 2024, 2025 has delivered a stark reality check. Since the peak in September 2024, the Sensex has slipped 15 per cent, while mid-caps have tumbled 21 per cent and small-caps have nosedived 25 per cent.