India Small and Mid-Cap Fund Inflows Hit Record Highs
India small and mid-cap funds saw record April inflows as investors sought growth. Small-cap funds drew 65.62 billion rupees while large-cap demand cooled.
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Small and mid-cap mutual fund inflows in India hit record highs of 65.62 billion and 68.86 billion rupees in April. These inflows outpaced large-cap funds, which saw a 15.3% decline to 25.25 billion rupees during the same period. Investors rotated into broader market segments to capture growth as foreign portfolio managers exited large-cap positions.
