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.
Diese Geschichte stammt aus der November 16, 2024-Ausgabe von Business Standard.
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Unfazed by mkt fall, largecap, flexicap MF schemes shine in Oct
Both categories saw all-time-high inflows during the month
