News From Press SBI MF nets Rs 12,000 cr in highest ever NFO

SBI MF nets Rs 12,000 cr in highest ever NFO

The huge collection by SBI MF beats the record ₹10,000 crore collected by ICICI Prudential Asset Management Company for its flexi-cap fund NFO in July

Source: Mint Aug 26, 2021

SBI Mutual Fund has collected a corpus in excess of ₹12,000 crore in the new fund offer (NFO) stage of its Balanced Advantage Fund, a person with knowledge of the matter told Mint on condition of anonymity. The NFO started on 12 August and concluded today.

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