Cautious Investors Shift to Flexi-Cap, Multi-Asset Funds Amid Market Uncertainty

• Mutual fund investors are increasingly favoring flexi-cap and multi-asset schemes due to cautious sentiment and a wait for market triggers.
• Equity inflows remained stable in December (₹28,000 crore) but underlying trends show rising caution.
• Mahindra Manulife MF's Anthony Heredia notes a preference for flexi-cap over multi-cap funds as large-caps outperform.
• Strong performance in gold and silver has boosted the appeal of multi-asset funds.
• Trust Mutual Fund's Sandeep Bagla warns of potential pressure on mutual fund inflows in the near term despite steady SIPs.

Why It Matters: Investors are moving towards flexible and diversified funds as market sentiment remains cautious awaiting clear triggers.