Seven equity mutual funds saw an AUM decline of over Rs 3,000 crore in February, with Nippon India Small Cap and HDFC Mid-Cap Opportunities Fund leading the drop. Overall, 605 of 664 funds posted losses.
Why FIIs are dumping bluechips to hunt small & midcaps
Foreign institutional investors are shifting their focus from India’s top blue-chip stocks to a wider array of mid- and small-cap companies. This strategic repositioning is