Small & Midcaps: Why Stock Picking And Risk Control Matter More Than Ever

Small and mid-cap stocks continue to attract investor attention, but the segment requires careful stock selection rather than simply buying the broader indices. Dinshaw Irani, CEO, Helios Capital, explains why his investment approach focuses on sustainable growth, reasonable valuations and strong risk management. He also discusses the role of micro-caps within small-cap portfolios and why limiting exposure to individual stocks can help manage downside risk. The conversation highlights the importance of diversification in small-cap investing and examines the strong recent performance of his fund, which delivered a 33% return in six months, while cautioning investors against treating past performance as a guarantee.