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Midcaps and smallcaps correct, but froth remains: Chirag Setalvad

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​​This is in midcap and smallcap. In largecap that premium was not very large to start with and is now down to about 10%. So largecap valuations were reasonable and continue to be reasonable. Smallcap and midcap were expensive and now are less expensive certainly, but are not still close to averages.

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