Strong flows into mutual funds (MFs) have been among the key reasons why the domestic market has stood tall over the last two years. The flows have not only countered foreign outflows in challenging times, but have also lifted many midcap and smallcap stocks during the period.
There are at least 10 small and midcap stocks where mutual funds raised their stakes in eight consecutive quarters now, data compiled from database Capitaline showed. The stocks have risen up to 200 per cent during the said period .
