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AMCs plan to launch more equity funds
February 16, 2021
Some eye global stocks; multi-cap, business cycle themes are favourites too
Over half-a-dozen mutual fund houses are planning to launch new schemes with novel ideas to cater to a wide category of investors. Various asset management companies (AMCs) including Nippon India , Axis Mutual Fund, ICICI Prudential, Mahindra Manulife, Mirae, SBI Mutual Fund and Tata Mutual Fund have filed scheme information documents (SIDs) with market regulator SEBI to launch new fund offers.
Betting on bull market
Since February 1, AMCs have filed documents for 17 schemes (for both equity and debt) with market regulator Securities and Exchange Board of India. ....

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