Small-caps soared 29% in Q1 while mutual funds quietly piled into large- and mid-caps
India's small-caps returned 29% last quarter while mid-caps gained 17% and large-caps 9%, yet the ownership data tells a different story: mutual funds raised stakes in two-thirds of large- and mid-cap firms while FPI sold across the board and retail trimmed mid/small-cap exposure. Mint's analysis of 4,367 BSE-listed companies shows domestic SIP inflows, not foreign money, are now propping up blue chips.