Mid, smallcap mutual funds see surge in inflows. Is investor confidence making a comeback?

Equity mutual funds witnessed a significant surge in net inflows, rising by 24% to ₹23,587 crore in June, driven by strong demand in flexi-cap, small-cap, and mid-cap categories. This increase reflects growing investor confidence in India's long-term growth potential despite global uncertainties. Midcap and smallcap funds delivered average returns of 4.74% and 4.