News From Press Flexicap category emerges as a hot segment in Rs 11 trn equity MF space

Flexicap category emerges as a hot segment in Rs 11 trn equity MF space

After ICICI Pru MF's record-breaking NFO, multiple funds look to follow suit with offers

Source: Business Standard Jul 21, 2021

The recently-created flexicap fund category is emerging as the hottest segment in the Rs 11-trillion equity mutual funds space.

Buoyed by the success of ICICI Prudential Flexicap Fund, more fund houses are lining up new fund offerings (NFO) in this area. Industry players say the flexicap category could emerge as the biggest segment in the equity MF space.

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