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    • News From Press Expensive valuations, volatility in equity market hit NFO inflows in Sep qtr

    Expensive valuations, volatility in equity market hit NFO inflows in Sep qtr

    Source: The Economic Times Nov 14, 2022

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    Asset management companies mobilised Rs 17,805 crore through 67 new fund offerings (NFOs) in the September 2022 quarter, a 64 per cent decline from the year-ago period, on expensive valuations and high volatility in equity markets. However, sequentially performance was much better.

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