New Delhi. During the first half (April-September) of the current financial year, investors have shown tremendous enthusiasm towards mid-cap (MFs investing in medium companies) and small-cap (MFs investing in small companies) mutual fund schemes. About Rs 30,342 crore has been invested in these schemes. This information has been received from the data of Association of Mutual Funds in India (AMFI). Investors investing in these schemes have got very good returns, due to which their attraction towards them remains. Inflows into mid-cap and small-cap funds in the same period last year were Rs 32,924 crore.
The special thing is that the market regulator Securities and Exchange Board of India (SEBI) has expressed concern about the high inflows in small-cap and mid-cap funds. However, experts believe that investors will continue to invest in small-cap and mid-cap mutual funds due to their ability to deliver high returns.
Trust Mutual Fund Chief Executive Officer (CEO) Sandeep Bagla told PTI, “Small caps will continue to grow rapidly in the coming years. I hope investment will continue, because Indians want to invest in high-growth sectors. “Small cap funds should be considered an integral part of one’s portfolio allocation.” According to the data, in the first half, investment of Rs 14,756 crore came in mid-cap mutual funds and Rs 15,586 crore in small-cap. In this way the total figure comes to Rs 30,342 crore.
Trivesh, Chief Operating Officer (COO), Tradejini, said that the strong interest of investors in mid-cap and small-cap mutual funds is due to the high returns available in these segments. What have the mid-cap and small-cap indices done so far in the current financial year respectively? An increase of approximately 20 percent and 24 percent has been recorded. This is a better performance than Nifty and Sensex.