Out of the total equity inflow in mutual funds, nearly ₹3,857 crore was seen in smallcaps and ₹4,259 crore in sectoral funds. The SIP figure stood at ₹17,610 crore in December, AMFI data revealed.
According to the experts, the mutual industry reported a strong performance in August as the Indian retail investors continue to pump funds into the equity markets via the Mutual Fund route