Small & Midcap Funds Drive Equity MF Inflows to a 4-Month High in August
Equity mutual fund inflows hit a four-month high of ₹29,329 crore in August, up 19% month-on-month, led by record investor demand for smallcap (₹7,973 crore) and midcap (~₹7,000 crore) funds. A revival in NFO activity added further momentum, while largecap funds continued to see outflows for a second straight month amid their relative underperformance. Gross SIP inflows touched a fresh all-time high of ₹32,297 crore, and total industry AUM rose 1.5% to ₹87 trillion.
