Midcap funds get ahead of largecaps in AUM race

Midcap funds have surpassed large-cap funds by 0.6 percentage points in AUM share, reaching 12.9% of total equity AUM. This growth, driven by market appreciation and fresh inflows, places midcap funds as the third-largest category after sectoral and flexi-cap funds, according to data from the Association of Mutual Funds in India.

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