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  • News From Press Equity MFs mop up Rs 46,700 crore through new fund offers in 2021

    Equity MFs mop up Rs 46,700 crore through new fund offers in 2021

    Source: BS Dec 24, 2021

    Buoyant stock markets and strong performance of equity schemes have led to equity funds mobilising Rs 46,752.37 crore through new fund offers (NFOs) in the current calendar year (2021, or CY21). The data from Value Research shows that NFO collection in CY21 was the highest in a decade, with 13 of the 70 equity schemes cornering 75 per cent of the amount raised.

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