News From Press Investors prefer small cap mutual funds over large cap funds

Investors prefer small cap mutual funds over large cap funds

Source: PTI/ET Jul 18, 2023

Mutual funds focused on small caps have emerged as the winner with a net inflow of close to Rs 11,000 crore in the April-June quarter, as fund managers struggle to create alpha in the large cap space, and the trend is expected to continue for some time. On the other hand, large cap space, which is yet to pick up momentum, witnessed an outflow of Rs 3,360 crore during the quarter under review, data from the Association of Mutual Funds in India (Amfi) showed.

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