Two equity funds at the opposite ends of the risk matrix — small-cap and arbitrage — bucked the ‘low inflow’ trend in May this calendar year 2023 (CY23) to receive the highest net inflows in recent years.
The Rs 3,280-crore net inflows into small-cap schemes in May was the highest for the category since the mutual fund (MF) industry started releasing fund-wise inflow data in April 2019.