News From Press NFOs, lower redemptions trigger a near three-fold rise in flows in large-cap schemes

NFOs, lower redemptions trigger a near three-fold rise in flows in large-cap schemes

Source: Moneycontrol 3 hours ago

New fund offers (NFOs) and lower redemptions played a key role in the spike in inflows in large-cap mutual fund schemes, which saw a near three-fold rise in the net flows in August even as experts suggest it is too early to conclude a shift in investor behaviour or preference.

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