Large-cap funds safer investment bet? Investor flows continue to be intact

Even as equity schemes saw investor flows dip to a multi-year low, large-cap schemes continue to find traction among investors

Mutual funds beat a retreat from lower-rated papers: Value Research data
Jash Kriplani
1 min read Last Updated : Dec 12 2019 | 1:34 AM IST
In November, large-cap funds collected net flows to the tune of Rs 1,196 crore, which was marginally higher than previous month. Meanwhile, mid- and small-cap schemes saw 27 per cent and 61 per cent dip in investor flows.

"While investors are taking money off the table, with markets at recent highs, they are more comfortable in keeping their investments in the large-cap schemes,” said a fund manager. “The category is seen as a safer alternative,” he added.

Among other equity categories, large- and mid-cap schemes saw net outflows of Rs 252 crore.

The value and contrarian funds saw close to Rs 1,000 crore of outflows, while sectoral funds saw Rs 636 crore of outflows.

However, contribution through systematic investment plans — monthly investment commitment made by investors — continued to see marginal growth, rising to Rs 8,273 crore in November.

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Topics :Equity schemeslarge-cap funds

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