Flexicap funds top equity inflows in October with Rs 8,930 crore boost

Flexicap funds are leading equity mutual fund inflows, attracting Rs 8,930 crore in October. Wealth managers favor this category for its flexibility across large, mid, and small-cap stocks. These funds offer investors a diversified approach without the need to pick individual stocks. Flexicap funds are ideal for moderate-risk investors with a five-year horizon seeking steady wealth creation through SIPs.