With mid cap and small cap funds witnessing a decline in inflows in the month of May, experts are of the opinion that the pace of inflows into small-cap and mid-cap funds saw some cooling compared to April, indicating a cautious undertone amid market valuations and global uncertainties.
“Also, investors need to be wary of inherent risks that tag along with small and mid-cap segments while making investment decisions,” said Himanshu Srivastava – Associate Director- Manager Research, Morningstar Investment Research India.