A slew of new fund offers – time to take a deep look - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Around 21 mutual fund NFOs were floated in March which includes open-ended and close-ended schemes, they together mobilised Rs 4,146 crore. Two close-ended and 19 open-ended new fund offers were opened for subscription.
As per industry sources, given the steep valuations and recent rally in the real estate stocks, HDFC MF has taken a fair call to restrict inflows into its Nifty Realty Index Fund