Indian Equity Mutual Funds See Record Inflows in August, Favoring Small- and Mid-Caps
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Equity mutual fund inflows in India nearly tripled in August to 202 billion rupees.
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SIP contributions hit a record high of 158 billion rupees in August.
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Investors continued to prefer small- and mid-cap funds over large-caps.
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Small-cap funds saw inflows of 42 billion rupees, while large-caps saw outflows.
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So far in 2022, small-caps have gained 33.5% and mid-caps 31.2%, versus 10% for the Nifty 50.