Are bluechip stocks cheap and safe to invest in now? Radhika Gupta explains why the answer isn't so simple

Radhika Gupta, CEO of Edelweiss AMC, argues against pure largecap portfolios, noting that mid and smallcaps actually outperformed during the March correction and that many future-oriented themes sit in the midcap space. She observes that FII selling of about Rs 1.5-2 lakh crore has not shaken markets thanks to strong domestic SIP flows. Gupta views double-digit equity returns as achievable given expected low double-digit nominal GDP growth.