Prateek Agrawal on why sector and thematic funds are getting a larger part of monthly inflows

Prateek Agrawal, MD & CEO of Motilal Oswal Asset Management, observed a rise in sector and thematic fund inflows, shifting focus away from mid and smallcap funds. He suggested that fund performance drives investor interest. Agrawal also noted that domestic investor behavior is becoming more structural and persistent in the long term, despite recent shifts.