Small-cap funds received a quarter of the total inflows into equity mutual funds in 2023, compared with just 2.5% in 2021. The average inflows into small-cap funds doubled on year to ₹3,419 crore in 2023.
Synopsis
In December, small-cap funds added more than 935,000 folios, or accounts, data from the Association of Mutual Fund of India show. That was the most for a month in the equity fund category barring January 2021, when investors switched to flexi-cap from multi-cap funds due to a change in regulation.
ET Intelligence Group: Small-cap funds – which invest in the shares of small companies and are generally seen as minnows among equity fund categories – have emerged as the top bet among investors, helping the category set new records across several parameters.In December, small-cap funds added more than 935,000 folios, or accounts, data from the Association of Mutual Fund of India show. That was the most for a month in the equity fund category
BY
ET Bureau
2 mins read, Last Updated:
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