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Around 93% of small cap mutual funds failed to beat their benchmarks in April. Only 2 out of 27 schemes managed to outperform, emphasizing the riskiness of small cap investments and the need for a high-risk appetite. ....
Around four equity mutual fund categories received inflows of more than Rs 20,000 crore in FY24. Smallcap funds gained the maximum traction and received a total inflow of Rs 40,282.73 crore in FY24. ....