These 9 equity mutual fund categories see inflows in April. Flexi cap hits record Rs 10,147 crore

Flexicap funds received the highest inflow in April of Rs 10,147 crore, registering a growth of 1% from an inflow of Rs 10,054 crore in March. These funds recorded their highest-ever monthly inflow in April. “There is also a visible shift in investor preference. FlexiCap funds are increasingly becoming a core allocation choice for investors looking for participation across market segments,” said Suranjana Borthakur, Head of Distribution & Strategic Alliances, Mirae Asset Investment Managers (India).

Smallcap funds and midcaps received inflows of Rs 6,885 crore and Rs 6,551 crore, respectively, in April. On a monthly basis, these categories saw jumps of 10% and 8%, respectively.

“Smallcap edges ahead of Midcap. This is a notable positioning signal. Smallcap funds have historically seen sharper drawdowns during periods of market stress, and the fact that investors are not only holding but actively adding to this category suggests either renewed confidence in the India growth story at the margin, or an allocation catch-up by investors who see post-correction value in smaller companies,” said Nitin Agrawal, CEO, Mutual Funds, InCred Money.

Sectoral and thematic funds received an inflow of Rs 1,949 crore in April, registering a decline of 28% from an inflow of Rs 2,698 crore in March.”The allocations towards sectoral and thematic funds moderated compared to recent trends, indicating a shift towards greater selectivity and a preference for long-term opportunities with clearer asset allocation among investors,” said Vaibhav Chugh, CEO, Abakkus Mutual Fund.