Economic TimesLean R·
Smallcap mutual funds attract 44% of equity inflows despite stretched valuations. Should investors be cautious?
Investor appetite for small and mid-cap stocks remains strong even as valuations in these segments continue to look expensive relative to large caps, raising questions about whether domestic flows are moving ahead of fundamentals.The small and mid-cap funds attracted Rs 16,873 crore in September, accounting for 44% of the Rs 38,307 crore in net inflows into equity funds during the month. Overall equity fund inflows rose 31%, even as equity fund assets declined, according to a report released fr…
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