News From Press Fund houses set to launch a slew of target maturity funds in coming months

Fund houses set to launch a slew of target maturity funds in coming months

Source: Business Standard Sep 15, 2022

Mutual funds (MFs) are girding up for a raft of target maturity funds (TMFs) in the months to come. Between June and August, 22 of the 56 filings for new fund offerings with markets regulator Securities and Exchange Board of India were for these passive debt funds.

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