Quote on AMFI by Narender Singh, smallcase Manager and Founder at Growth Investing
Below the Quote on AMFI by Narender Singh, smallcase Manager and Founder at Growth Investing
“Largely trend remains intact based on AMFI data release with Open ended funds and SIP numbers in upward Trajectory. Investor had opted high risk reward by increasing allocation to Small & Midcap funds category and exiting Sectoral and Hybrids. With revision of lower GDP number and higher Inflation, Investors preferred to book profits keeping in mind chances of slowdown in near term, that led to an outflow from Largecaps & Guilt Funds which is fairly evident. With most favoured themes emerging out of Smallcap & Midcap category, I believe this will remain a most favored segment of inflows in next 2/3 Quarters too.”
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