Inflows in mid-cap funds at 14-month low as investors turn cautious

Investors are turning cautious on mid-cap stocks, shows the data from the Association of Mutual Funds in India (AMFI). The net inflow in the mid-cap funds dropped to a measly Rs 279 crore in May 2020, the lowest in the past 14 months. It was also lower than the inflow in small-cap funds in May. The share of the mid-cap inflow to the total equity inflow shrank to 5.3% compared with an average of 20.5% in the past one year. The total assets under management (AUM) of the mid-cap funds at Rs 73,352  ..

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