Small-cap funds: Small-cap funds count new records as investors bet big
In December, small-cap funds added more than 935,000 folios, or accounts, data from the Association of Mutual Fund of India show. That was the most for a month in the equity fund category barring January 2021, when investors switched to flexi-cap from multi-cap funds due to a change in regulation.
ET Intelligence Group: Small-cap funds – which invest in the shares of small companies and are generally seen as minnows among equity fund categories – have emerged as the top bet among investors, helping the category set new records across several parameters.In December, small-cap funds added more than 935,000 folios, or accounts, data from the Association of Mutual Fund of India show. That was the most for a month in the equity fund category
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