Small-cap mutual funds catch investor fancy with Rs 11,000-cr inflow, large-caps lag
Apart from the June quarter, small-cap funds logged an inflow of Rs 6,932 crore in three months that ended in March.
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Apart from the June quarter, small-cap funds logged an inflow of Rs 6,932 crore in three months that ended in March.
Mutual funds focused on small-caps have emerged as the winner with a net inflow of close to Rs 11,000 crore in April-June quarter, as fund managers struggle to create alpha in the large-cap space, and the trend is expected to continue for some time. On the other hand, large-cap space, which is yet to pick up momentum, witnessed an outflow of Rs 3,360 crore during the quarter under review, data from the Association of Mutual Funds in India (Amfi) showed. Apart from the June quarter, small-cap funds logged an inflow of Rs 6,932 crore in three months that ended in March.
The growth in AUM is being driven by a number of factors, including the rising popularity of mutual funds among investors, the increasing number of mutual fund schemes available, and the strong performance of the stock market, , mutual funds, amfi, HDFC Life Insurance
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