Notwithstanding the volatility in equity markets, about six new fund offers from leading mutual fund houses will open for subscription this month.
The new offers come after a lull with the fund houses rejigging their existing schemes to meet the new norms on Categorisation and Rationalisation of Mutual Fund Scheme.
Earlier this year, SEBI had asked fund houses to rework their existing schemes to have only one fund in each category to make things simple and easier for investors to understand.