The ratio of active fund inflows to passive funds dropped to its lowest level in 18 months at 0.4 to one in August, compared with last one-year average of 1.13:1, data from Association of Mutual Funds in India (AMFI) show.
Wall St Week Ahead-US small caps struggle as elevated interest rates take a toll
Small cap stocks surged at the end of 2023, as expectations grew that the Fed was done raising interest rates and would soon begin easing