The smaller, the more fragrant? Mid- and small-cap stocks in India are favored against the trend in mid-April.

Jin10 data reported on May 12, that India’s mutual fund data for April shows a slight slowdown in overall inflows to equity funds, but small and mid-cap stocks continue to attract investor attention. During the month, funds focused on equity investments saw a net inflow of 243 billion rupees (approximately 2.8 billion USD), with small and mid-cap funds accounting for 30%. More notably, the net buying volume in these segments even exceeded that of large-cap funds, which is surprising given that the Nifty 200 index, dominated by large-cap stocks, outperformed the small-cap index during the same period.