
Flexi cap funds received the highest gross flows of ₹55,225 crore between December 2025 and June 2026, according to AMFI data. Multi-asset allocation funds came next with ₹45,453 crore. Mid-cap and small-cap…
Flexi cap funds received the highest gross flows of ₹55,225 crore between December 2025 and June 2026, according to AMFI data. Multi-asset allocation funds came next with ₹45,453 crore. Mid-cap and small-cap funds also saw buoyant flows despite stretched valuations. In contrast, Equity Linked Savings Schemes (ELSS) continued to lose corpus as the new income tax regime reduces the appeal of Section 80C deductions. The trends indicate investors prefer delegating market-cap and asset allocation decisions to fund managers rather than doing it themselves.
The constant drumbeat about mid- and small-cap froth ignores that flexi cap funds, with their large-cap bias, drew the most money. Investors are not blindly chasing volatility; they are delegating asset allocation to fund managers. The real test will come when equity markets correct sharply, will disciplined inflows into multi-asset funds hold, or will panic redemptions spike? That will separate genuine maturity from mere fashion.
Source: thehindu.com
This story was synthesised by AI from the source linked above.