Anagh Pal04 Jan 2024, 12:59
Small cap funds had a 2023 to remember. The one-year returns of small cap funds in this period was a whopping 42.79%, the highest of any equity mutual fund category. To put it in context, large cap funds, in comparison, gave returns of 24.92%.If one looks at flows, small cap funds witnessed an inflow of ₹3,699.24 crore in November, slightly below the ₹4,495.13 crore seen in October. June marked a peak for these funds, recording a remarkable ₹5,472 crore inflow, maintaining the highest inflow among equity fund categories for three consecutive months.