Smallcap mutual funds see surge in inflows by 10% despite calls to trim exposure. Midcap funds follow the suit

Smallcap inflows rose 10% in March despite expert caution, showing long-term investor confidence.

Midcap inflows also grew slightly; both categories gave 7%+ returns in March.

Experts advise shifting focus to flexi, multi, and large & mid cap funds amid volatility.

Flexi cap saw highest inflows (Rs 5,615 cr); large cap inflows dropped 13% month-on-month.