look news india
Retail Investor in Share Market: With changing times, the technology of saving has also changed. Earlier people used to keep gold at home. After this money started being collected. Then money and gold started being deposited in the bank. As times changed, people started doubling their money by making fixed deposits in banks. Now all those days are gone, now people are earning good money by investing in mutual funds. If you are thinking of investing in mutual funds then this information will be useful for you.
During the last one year, the stock market has made a new record. The small-cap mutual fund category rose sharply at the end of March 2024 due to increased investment by retail investors and a rally in the stock market. During this period, assets in the small-cap category rose by Rs. There has been an increase of Rs 2.43 lakh crore. An annual growth of 83 percent was recorded. The number of folios reached 1.9 crore in March 2024, which was 1.09 crore a year ago. There was an increase of 81 lakhs. Reflects investors' inclination towards small-cap funds.
Small-cap companies seek support from capital markets
Gopal Kavali Reddy, vice-president (research), FIRES, said India's fast-growing economic momentum is attracting people. Due to this, many unlisted small-cap companies are seeking support from the capital markets. This trend offers promising opportunities to investors with an eye on long-term growth prospects.
In small-cap funds, Rs. Liquidity of Rs 40,188 crore-
However, factors such as general elections, monsoon forecast, economic activity, inflation, GDP estimates and earnings growth for FY 2024-25 may impact valuations of small-cap companies and create volatility in the segment, he said. . Small-cap funds to invest Rs. in FY 2023-24 A turnover of Rs 40,188 crore was seen as compared to Rs. This is much more than Rs 22,103 crore.
Even in March, for the first time in two years, small-cap funds lost Rs. Net selling of Rs 94 crore was seen. According to Association of Mutual Funds in India (AMFI) data, assets under management (AUM) of small-cap mutual funds at the end of March 2023 stood at Rs. 2.43 lakh crore at the end of March 2022 and Rs. 1.33 lakh crore. (Language)