Net inflows into multicap mutual fund (MF) schemes, excluding collections by new fund offerings, surged to a three-year high of Rs 2,400 crore in February. This indicates that investor interest may be shifting away from smallcap funds towards more diversified portfolios.
Multicap funds invest a minimum 25 per cent in large, mid and smallcap stocks. The other diversified category is flexicap but they mostly invest in largecaps.
