News From Press New fund offers mop up a record ₹94,600 cr

New fund offers mop up a record ₹94,600 cr

Source: The Hindu BusinessLine Apr 6, 2022

Total amount mopped by mutual funds through new fund offer has touched a new high of ₹94,621 crore in the first 11 months of the last fiscal against ₹42,018 crore logged in the whole of FY21, largely due to the ‘historic’ bull run in the secondary market.

The number of NFO launched jumped 145 against 84 logged last fiscal keeping the mutual ...

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