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NFO collection surges 4 times to Rs 22,000 crore in Sep quarter

During the quarter that ended in September 2023, 48 schemes were launched, which were cumulatively able to garner Rs 22,049 crore at the NFO period. This was way higher than 25 NFOs that collected Rs 5,539 crore during their NFO period in the June quarter, according to data compiled by Morningstar India. ....

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Record-breaking Growth: Mutual Funds' NFO Collection Soars 4-Fold To Rs 22,000 Cr

During the quarter that ended in September 2023, 48 schemes were launched, which were cumulatively able to garner Rs 22,049 crore at the NFO period. ....

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Mutual funds' NFO collection surges 4 times to Rs 22,000 crore in Q2

The highest number of schemes were launched in the sectoral category 13 followed by 12 other ETFs. In terms of fund collection, the sectoral category amassed Rs 5,725 crore, followed by multi-asset allocation fund (Rs 4,791 crore), multi-cap fund (Rs 3,277 crore) and liquid funds (Rs 3,083 crore). ....

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Mutual funds' NFO collection surges 4 times to Rs 22,000 cr in September quarter - Mutual Funds News

Mutual funds' NFO collection surges 4 times to Rs 22,000 cr in September quarter - Mutual Funds News
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