News From Press Mutual funds' NFO collection surges 4 times to Rs 22,000 crore in Q2

Mutual funds' NFO collection surges 4 times to Rs 22,000 crore in Q2

Source: Moneycontrol Nov 20, 2023

Mutual funds’ collection through new fund offerings (NFOs) surged nearly four times to Rs 22,000 crore in the July-September period this fiscal compared to the preceding quarter as 48 new schemes hit the market.

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