Adani Green, Adani Energy back in favour: What MFs bought and sold in June
As India’s benchmark indices soar to new highs, investors are betting on companies with smaller market capitalisations as reflected in the investment flow in India’s equity mutual funds.
While equity mutual funds received a total inflow of Rs 8,637.49 crore in June 2023, the small cap category received the highest inflows of Rs 5,471.75 crore compared to Rs 3,282.50 crore in May. The small cap mutual funds also reported an addition of 6. 9 lakh folios, the highest monthly addition for an equity fund segment.
Most equity fund categories witnessed inflows in June, except for large cap, focused funds, ELSS, and flexi cap funds.
