New Delhi, Dec. 12 -- As the market volatility increased due to global factors and foreign capital outflow, retail investors have shown increased interest in flexi-cap funds. The Association of Mutual Funds of India (AMFI) data for November shows that flexi cap funds received the highest inflow of Rs.8,135 crore last month compared to Rs.8,928 crore in October. The flexi-cap category of mutual funds now has assets under management (AUM) of about Rs.5 lakh crore.

The performance of flexi-cap funds has been robust over the last 10-15 years, attracting significant interest from investors.

For example, an SIP of Rs.10,000 in the Kotak Flexi Cap Fund since 2009 ( Rs.19.50 lakhs in total) would have grown to Rs.76.25 lakhs today. That's a CAG...