Smallcap MFs see 1st net outflows in 30 mths
Business Standard|April 11, 2024
Smallcap mutual funds recorded net outflows for the first time in 30 months in March as investors pulled out money after the markets regulator, the Securities and Exchange Board of India (Sebi), warned against "froth" in the mid and smallcap space.
ABHISHEK KUMAR

Active equity mutual fund (MF) schemes raked in ₹22,600 crore in March. The March inflow is 16 per cent lower than the two-year high inflow of ₹26,860 crore in February, shows data from the Association of MFs in India (Amfi). The inflows were supported by the ₹19,270 crore gross inflows through the systematic investment plan (SIP) route. According to MF executives, the outflow from smallcap funds could be due to portfolio rebalancing.

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