Smallcap mutual funds have been among the most popular schemes of late. In the last three years, these schemes got net inflows of nearly Rs 40,000 crore. Compared to this largecap fund flows have been at a trickle at Rs 4,700 crore. Moneycontrol spoke to Ravi Kumar T V, Founder of Gaining Ground Investment Services to dig deeper into why smallcap funds have come into the limelight, what valuations of this space is telling us and how to check if a smallcap fund is becoming riskier. Listen in