Mutual fund houses launched 140 new fund offerings (NFOs), which collected about Rs 1 lakh crore in 2021 on a sharp rally in the markets and an exceptional increase in the retail investors' interest. However, the current volatility in the stock market might prompt asset management companies (AMCs) to limit the launch of NFOs this year, said MyWealthGrowth.com co-founder
The fintech sector expects liberalised tax regime, relaxation of norms and expects the FM to announce measures to ease the liquidity flow to non-banking finance corporations (NBFCs) and fintechs.
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