Mid and smallcap funds saw a jump in monthly inflows in September, whereas large cap funds returned to inflows after witnessing outflows for two consecutive months, according to the latest data released by the Association of Mutual Funds in India (AMFI).
The data by AMFI showed that small cap mutual funds continued to attract the highest inflows for the third consecutive month, drawing a record Rs 9,038 crore in September. Midcap funds received the second highest inflows of Rs 7,834 crore in September.