If the Securities and Exchange Board of India had hoped that its action would produce a chilling effect across the country’s fast-growing horde of unregulated financial influencers, that didn’t happen.
Equity MF inflows slide 14%; large & midcaps gain traction
Inflows into equity mutual fund schemes fell by 14% in October, reflecting a trend of reduced investor allocations. Although smallcap funds saw decreasing inflows, large