News From Press MFs collect Rs 1.08 lakh cr via 176 NFOs in FY22 on retail investors’ interest

MFs collect Rs 1.08 lakh cr via 176 NFOs in FY22 on retail investors’ interest

Source: FE May 23, 2022

Riding on intense retail investors’ interest and a sharp rally in equity markets, asset management companies (AMCs) launched 176 new fund offerings (NFOs) in 2021-22, garnering a whopping Rs 1.08 lakh crore.

With liquidity tightening, interest rates on the rise, stock market consolidation in progress, return to work from office, there could be subdued interest in NFOs going forward.

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