Even as net flows into smallcap funds in March turned negative, for the first time in 30 months, they remained a big draw for new investors.
The smallcap fund category saw a net of 360,000 investment accounts, or folios, getting added last month, the second-most among all active equity categories.
Smallcap funds continued traction could be driven by their strong performance across timeframes, say experts.
Mirae Asset Mutual Fund Launches UPI AutoPay Mandate For SIP outlookindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from outlookindia.com Daily Mail and Mail on Sunday newspapers.
Mirae Asset Mutual Fund Acquires 0 56% Stake In CEAT freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.
Mumbai, April 13: Mirae Asset Investment Managers Pvt. Ltd ( he AMC)., and one of its flagship fund, Mirae Asset Large Cap Fund (Large Cap Fund: an open- ended equity scheme predominantly investing across large cap stocks), have completed a milestone of 15 years.