NAV Resilience Marks October for Mid-Cap and Thematic Funds

Indian mutual funds recorded stable net asset values through late October, supported by inflows into mid-cap, sectoral, and thematic schemes. Managers noted that balanced positioning helped offset volatility from foreign selling and global rate uncertainty. Equity fund categories tied to infrastructure and manufacturing continued outperforming broad indices. Systematic investment plan inflows held firm, reflecting steady retail participation. Industry analysts said persistent retail discipline and diversified sector rotation provided a cushion against market corrections, underscoring confidence in India’s long-term equity growth outlook.