Investors continued to pour money into equity schemes in August amid a sharp up-move in blue chip stocks.
The focus, however, shifted away from mid- and small-caps towards large-caps, which have been laggards this year.
The data from the Association of Mutual Funds in India (Amfi) shows that daily assets under management (AUM) of the large-cap category stood at Rs 2.10 trillion in August against Rs 1.97 trillion in July. AUM of small-cap funds marginally reduced by Rs 381 crore to Rs 91,402 crore in August.
Market participants say investors are moving money from small-caps due to
The focus, however, shifted away from mid- and small-caps towards large-caps, which have been laggards this year.
The data from the Association of Mutual Funds in India (Amfi) shows that daily assets under management (AUM) of the large-cap category stood at Rs 2.10 trillion in August against Rs 1.97 trillion in July. AUM of small-cap funds marginally reduced by Rs 381 crore to Rs 91,402 crore in August.
Market participants say investors are moving money from small-caps due to