Nippon India MF, ICICI Prudential MF and HDFC MF has registered an increase in time taken to liquidate 50 per cent and 25 per cent of small-cap investment as their assets under management swell in April on the back of consistent inflows and rally in the market.
The inflows in the small-cap funds was up at ₹2,209 crore last month against an outflow of ₹94 crore in March as investors chased higher return despite capital market concern on froth in the small-cap space. Similarly, inflows in mid-cap also increased to ₹1,793 crore against ₹1,018 crore in March.
