Equity Mutual Funds See Rs 22,907 Crore Inflows in May; Flexicap Funds Lead
In May, eight equity mutual funds, including HDFC Flexi Cap Fund and HDFC Mid Cap Fund, each saw inflows exceeding Rs 1,000 crore, contributing to a total equity mutual fund inflow of Rs 22,907 crore, down 40% from April. Flexicap funds led with Rs 5,175 crore inflows, followed by smallcap and midcap funds, despite declines compared to the previous month. Experts note investors' continued interest in diversified and higher-growth segments amid valuation concerns.