*Are Small & Mid-Caps Overvalued? Then Why Fund Houses Still Accepting Inflows ❓* Recently, concerns have been raised about small and mid-cap valuations. If they are indeed overvalued, why are fund houses like ICICI Prudential Mutual Fund not restricting fresh inflows or stopping new SIPs? Moreover, why are they continuously launching new thematic NFOs every month, such as the recent Rural Opportunities Fund—which, upon closer analysis, seems quite similar to a Consumption Fund? Read our Thread 🧵🔺👇 https://x.com/rajneesh__jha/status/1889635444343677325?s=46