Largecaps over midcaps in 2026? UTI MF’s Amit Premchandani explains where returns may come from

Indian stock markets are set to remain largecap-led as banks, financials and IT services gain momentum. UTI MF fund manager Amit Premchandani highlights improving credit growth, stabilising asset quality, selective consumption recovery and renewed optimism in IT services, while warning that midcap and smallcap earnings risks persist despite policy support.