"In the past year, apart from the last two months, the mid-cap stocks had significantly underperformed the large-caps. When the Sensex rallied from 12,500 to 14,000 levels, the major Sensex companies were trading at 14-18 times their one-year forward earnings, but the mid-caps were largely under-valued, trading at seven-eight times one-year forward earnings, and did not participate in the rally,"
Mid-cap stocks come with a capacity to generate higher returns but with a similar risk attached to them.
Remember the returns from stocks like unitech??
Those who are ready for a long haul can greatly benefit from investing in mid-caps.
Business line on Mid-caps