India's small-cap, mid-cap mutual fund inflows hit record highs April
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Inflows into India's small- and mid-cap equity mutual funds reached record highs in April, driven by strong earnings and attractive valuations following a recent market correction. Small-cap funds attracted 65.62 billion rupees, while mid-cap funds saw inflows of 68.86 billion rupees, both record figures. In contrast, large-cap funds experienced a 15.3% decline in inflows to 25.25 billion rupees, indicating a shift towards growth and value investments outside of major stocks. Overall, total inflows decreased by 5% to 384.4 billion rupees.
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