Lay investors often do not know when or how much to invest in large, mid-, or small-cap funds. If they invest only in large-cap schemes and small and mid-cap stocks rally, as often happens in the market, they will miss out on the gains.
NFO flows hit a 5-year low in June quarter, SIPs stay robust
New fund offer collections by asset management companies fell significantly. Funds raised through new fund offers reached a five-year low in June. This sharp decline