'Even after the correction, mid and small caps aren't cheap'

Shreyash Devalkar is the Head of Equity at Axis Mutual Fund and brings over two decades of experience in Indian equities. He joined Axis AMC in 2016 as a fund manager and was elevated to the role in 2023. Today, he oversees six equity schemes with a combined asset base of around Rs 1.25 lakh crore, including flagship funds such as Axis Large Cap, Large & Mid Cap, Midcap, Multicap and ELSS Tax Saver Fund. Before joining Axis, Devalkar spent over five years at BNP Paribas AMC and earlier worked as a research analyst at IDFC Asset Management and IDFC Securities.