Investors have had a break from a flurry of new fund offers (NFO), the past few months. This may, however, come to an end. Last week, five asset management companies (AMCs) filed draft documents for new fund offers with the securities market regulator, SEBI.
Axis MF has filed for a long bond fund, Franklin Templeton MF for a balanced advantage fund, LIC MF for a multi cap fund, Baroda BNP Paribas MF for a floater fund and Sundaram MF for a flexi cap fund.
