A closer look at the data revealed that these funds have lost their appeal in the current calendar year. There are approximately 39 schemes in this category, and all have posted negative returns so far, ranging from -0.43% to -17.02%.
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