Small- and mid-cap funds drew strong inflows in first half of FY27
In short
In the first half of FY27, mid-cap funds got ₹38,043 crore and small-cap funds got ₹42,212 crore. Their share of total equity inflows rose to 20% and 22.6%, while large-cap funds took in only ₹4,575 crore.
This matters because investors kept favoring smaller companies through mutual funds. The report says their combined AUM rose 24% year on year, but the full total equity AUM figure is not fully stated.
What the reporting says
Small- and mid-cap funds attracted large inflows in the first half of FY27, with mid-cap funds receiving ₹38,043 crore and small-cap funds ₹42,212 crore. Their share of total equity inflows rose to 20% and 22.6%, while large-cap funds saw only ₹4,575 crore. Combined net AUM for small- and mid-cap funds rose 24% year on year, but the source cuts off before giving the full total equity AUM figure.
Why it matters
Small- and mid-cap mutual funds drew strong investor money in the first half of FY27, with inflows of ₹38,043 crore and ₹42,212 crore, respectively. Their share of total equity inflows rose while large-cap funds lagged at ₹4,575 crore. The report also says combined net AUM for small- and mid-cap funds increased 24% year on year, signaling continued demand for these categories.