With mutual funds gaining traction among retail investors, asset management companies have filed draft offer documents with the regulator Sebi for 85 new schemes so far this year.
In comparison, 106 draft papers were filed by the fund houses in 2016.
Equity, debt, hybrid and fixed maturity plans (FMPs) are some of the themes for which the MF houses have filed the applications.
Mid-cap Indian IT companies expected to outperform large-cap firms in FY25
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