New Delhi, Aug. 12 -- Four equity mutual fund categories - large-cap, dividend yield, value, and ELSS funds - witnessed net outflows in July 2026, even as most delivered positive returns during the month.

While large-cap and value funds slipped into outflow territory after seeing inflows in June, dividend-yield and ELSS funds continued to see withdrawals.

What drove this trend, and should investors be concerned? Here's what experts have to say on this.

Jasmeet Singh, Executive Director, Anand Rathi Wealth, attributed the outflows across these large-cap-oriented categories to a shift towards broader market segments.

"It is mainly due to investors' shift towards broader segments such as mid- and small-caps as markets recovered and valua...