The mid-cap index has underperformed the Sensex by less than 30 percent over the past 2 years, while longer-term returns are similar, said Citi Research. “With better risk-reward post underperformance, we would selectively look to add mid-caps,” it said. Citi noted that its top mid-cap stocks have outperformed the mid-cap index by around 7 percent over the past 1 year. Citi Research has refreshed its top mid-cap picks based on analyst views as well as relative preference. Here are the 11 stock ideas:
ACC
Apollo Hospitals
Biocon
Indraprastha Gas
JSW Energy
Just Dial
L&T Finance
L&T Infotech
Phoenix Mills
Polycab India
SRF