Midcap funds and smallcap funds received an inflow of Rs 6,090 crore and Rs 5,601 crore respectively in June. On a monthly basis, these categories saw a jump of 39% and 13% respectively.
“Mid Cap and Small Cap continued to attract healthy flows of over Rs 6,090 crore and Rs 5,602 crore respectively, indicating sustained conviction in India’s long-term growth story,” said Suranjana Borthakhur, Head of Distribution & Strategic Alliances, Mirae Asset Investment Managers (India).
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