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MF investors pivot to safety of large-cap stocks
Mint Kolkata
|February 13, 2025
So far this month, Nifty and Sensex are down 2% each, while small- and mid-caps have both lost about 6%
Investors in Indian mutual funds pivoted towards the safety of large-cap stocks and gold exchange-traded funds (ETFs) in January as markets turned volatile, data released on Wednesday showed.
Inflows into mutual fund schemes investing in large-cap stocks jumped 52.3% to 30.63 billion rupees in January, the second-highest monthly flow on record, according to data by the Association of Mutual Funds in India (AMFI).
Gold ETFs witnessed the highest ever monthly inflow in January at 37.51 billion rupees, the data showed.
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