Key Points
As the benchmark indices soar to new highs, investors are showing a higher interest in companies with smaller market capitalisations as reflected in the trend in mutual fund portfolio addition and investment flow...
In June, the small cap mutual funds reported an addition of 6. 9 lakh folios, the highest monthly addition for an equity fund segment after excluding sector reclassification impact of multi cap funds in January and February 2021..
According to data from the Association of Mutual Funds in India (AMFI), cumulative folio addition over the past three months in this category was 13. 7 lakh, accounting for 53% of the total folio addition in the equity segment...
The share of the small-cap folios in the total equity folio increased 269 basis points to 12.2% in June 2023, highest growth among all equity fund categories..
Of the total inflow of Rs 18,358 crore in equity funds, about two-thirds was in small-cap funds..
