The mutual fund data for the month of November shows a massive fall in inflows in equity schemes. The data also shows outflows from most categories.
Category wise, multicap fund is down 87 percent, largecap fund showed an increase of 1.25 percent, large and midcap fund which used to be a steady category for the last few months showed a negative number, midcap fund is down 27 percent, smallcap fund is down 61.5 percent, and focused fund is down about 21 percent.
The silver lining is the SIP flow number which remains steady. In fact, it went up a little bit as compared to the month of October.
(Edited by : Arun Sreenivasan)
First Published: Dec 9, 2019 5:38 PM IST