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  • News From Press MFs piggyback on thematic funds to shore up assets

    MFs piggyback on thematic funds to shore up assets

    Source: Financial Express Dec 9, 2022

    Nearly 40% of the equity schemes launched this year by asset management companies have been thematic or sectoral funds. Fund houses have hit the market with a total of 109 equity new fund offerings this year, of which 40 are thematic or sectoral funds. Such funds have mopped up Rs 10,800 crore, or around 40% of the total equity NFO collection of Rs 27,300 crore, data from Value Research show.

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