Mutual Fund Industry Posts Net Closures For First Time Since 2022

Despite the overall slowdown, small-cap and mid-cap funds displayed some resilience. Small-cap funds attracted Rs. 4,100 crore in March, 30% higher than the one-year average, while mid-cap funds held steady. Large-cap funds, which had been out of favour for over two years, saw improving inflows since August 2024, reflecting a shift in investor preferences.