Key Points
Not just superior returns in FY2024, smallcap mutual funds managed to narrow the difference in their overall assets under management (AUM) with large cap peers in FY2024..
Data analysed by ETMarkets showed that difference in AUMs of large and smallcap MFs came down to Rs 45,000 crore in February 2024 from Rs 1.02 lakh crore in April 2023...
In April, the combined AUM of all active largecap schemes stood at Rs 2.44 lakh crore versus Rs 1.42 lakh crore AUM of smallcap schemes..
In February, the combined AUM of all largecap schemes was reported at 3.05 lakh crore as against AUM of 2.49 lakh crore by smallcap schemes...
While March data is due for a release next week, AUM for smallcap schemes rose by a staggering 1.07 lakh crore versus Rs 61,000 crore by largecap schemes...
