Unfazed by mkt fall, largecap, flexicap MF schemes shine in Oct
Business Standard|November 16, 2024
Both categories saw all-time-high inflows during the month
ABHISHEK KUMAR
Unfazed by mkt fall, largecap, flexicap MF schemes shine in Oct

Two of the largecap-oriented mutual fund (MF) offerings—flexicap and largecap funds—witnessed a spike in investor interest in October amid a fall in the equity market.

Both the categories logged their all-time-high inflows last month.

Largecap funds, which invest at least 80 per cent of their corpus in larger companies, raked in ₹3,452 crore during October. Inflows into flexicap schemes stood at ₹5,181 crore.

The schemes, which fall into the two categories, are considered less risky compared to other equity schemes owing to their largecap tilt.

Flexicap schemes are free to allocate any proportion of their corpus in largecap, midcap and smallcap stocks. But most of these funds generally maintain around 60 per cent largecap exposure.

هذه القصة مأخوذة من طبعة November 16, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة November 16, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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time-read
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November 16, 2024