Largecap funds no longer the best bet? Edelweiss CIO Trideep Bhattacharya explains why flexicaps may win now

Edelweiss CIO Trideep Bhattacharya advocates flexicap funds over largecap funds, arguing some largecap business models face structural market share losses to midcap challengers in consumption. He is underweight IT services, expecting the AI-led transition to take two to four more quarters before adding exposure. On financials, he remains meaningfully overweight, particularly private sector banks, noting credit growth has bottomed at 8 to 10 percent and is now around 15 to 16 percent, likely heading to 18 to 20 percent by the second half.