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Equity vs gold vs silver: Which asset class delivered the most returns in H1 FY27? Here's what data shows
Mint 1 hr ago·29 Sept 2026, 7:59 am
Small-cap equities have outperformed other major asset classes in the first half of FY27, delivering returns of 23%. This performance significantly outpaced mid-caps, which returned 13%, and the benchmark Nifty 50, which gained just 2%. In contrast, traditional safe havens like gold and silver saw declines of 10% and 15% respectively, reversing their strong gains from the previous year.
This data highlights a notable shift in market dynamics, where investors have favored riskier, smaller companies over stable blue-chip stocks and precious metals. For investors, this underscores the cyclical nature of asset returns and the importance of portfolio diversification. As the market moves forward, investors should watch for signs of whether this momentum in equities can be sustained or if a rotation back to defensive assets like gold is imminent.
Excerpt from Mint
Small-cap equities led the asset-class performance in H1 FY27, delivering 23% returns, ahead of mid-caps at 13% and the Nifty 50 at 2%. Gold and silver declined 10% and 15%, respectively, reversing their strong gains in H1 FY26. Small-cap equities emerged as the best-performing major asset class in H1 FY27, with the…Read the original at Mint
Key takeaways
- Category: Stocks.
- Assessed as a significant, market-relevant update.
Why it matters
A meaningful update worth tracking. Use the price and stock snapshot to gauge how the market is responding.
