The outflow came even as the Nifty 50 rose 2 per cent in July, supported by a sharp rally in information technology stocks, which recorded their best monthly gain in six years
Flexi Cap mutual funds are frequently compared to Multi Cap funds, given that both invest in equities and equity-related instruments across various market capitalisations
Through hybrid mutual funds, investors can not only benefit from the potential market growth but also reduce their risk by investing in debt securities
Jayant Sinha and Anshu Bharadwaj note that India is demonstrating a new paradigm in which economic growth does not have to go together with the consumption of fossil fuels and increasing emissions