Despite market volatility, smallcap and midcap equity mutual funds have emerged the top choices for retail investors, drawing the highest inflows through systematic investment plans (SIPs).
According to a recent industry report, SIPs account for over half of the total assets under management (AUMs) of smallcap funds, with midcaps following closely.
As of March 2024, SIPs accounted for 53 per cent of smallcap AUMs, up from 43 per cent in March 2019.
