Nfos

Edelweiss launches India's first ETF for capital markets, insurance Sectors

First ETF in India that capitalises on the mega trend in financialisation of savings into capital markets and insurance

Bandhan AMC targets Top Nifty 200 companies in NFO: Should you invest?

The fund focuses on companies with higher profitability, lower debt, and more stable earning

Sebi paper wants MFs to deploy NFO fund within 30 days of allotment

Regulator proposes that companies failing to meet deployment deadlines without seeking an extension be barred from launching new schemes

WhiteOak Capital Digital Bharat Fund NFO opens today: Should you invest?

The objective of the fund is to offer long-term capital appreciation by investing primarily in equity and equity-linked instruments of technology-focused companies

Franklin India launches medium- to long-duration fund: Who should invest

Fund will invest in debt and money market instruments like non-convertible debentures, bonds, certificates of deposits, commercial papers, treasury bills, G-secs

9 NFOs to launch this week: Check details before investing

With a mix of sectoral, thematic, and diversified funds, investors have the opportunity to tailor their portfolios according to their financial goals and market outlook

Red-hot thematic investing theme receives a 'passive' boost in July

Index funds add 1 million folios in July, 14% of total additions

IPO vs NFO: How to decide which is a better investment option for you

Determining whether an IPO or NFO is better for investment depends largely on individual financial goals and risk tolerance

NFO deluge opens mutual fund investor floodgates wide in July, shows data

Investor tide swells by 1.2 million, reaching 48.1 million

Mutual fund industry collects Rs 63,854 crore capital through NFOs in 2023

Asset management companies launched 212 new fund offerings mobilising Rs 63,854 crore in 2023, marginally higher from previous year, on the back of significant uptrends in broader markets. In comparison, Asset Management Companies (AMCs) garnered Rs 62,187 crore through 228 New Fund Offerings (NFOs) in 2022. Further, they collected Rs 99,704 crore in 2021 and Rs 53,703 crore in 2020, according to data compiled by Morningstar India. "The trend towards the financialisation of assets in India is unmistakable. Aligned with changing consumption behaviours and a need for a higher standard of living, investors recognise the importance of long-term investing. The COVID-19 pandemic underscored the necessity for financial planning and the creation of liquid assets to address emergencies and pave the way for wealth-building," FYERS Research said in its report. It further said that "despite indices exhibiting strength, propelled by robust economic activity, steady GST collections, and confidenc

Axis Mutual Fund's thematic fund collects Rs 3,400 cr in NFO period

Axis Mutual Fund on Friday said it has collected over Rs 3,400 crore from the New Fund Offering (NFO) of its manufacturing scheme. Axis India Manufacturing Fund, an open-ended equity scheme, was open during December 1-15. The thematic fund received robust participation from investor segments from over 500 locations in the country and garnered close to 1.5 lakh applications, Axis Mutual Fund said in a statement. Further, fresh inflows accounted for nearly 70 per cent of the applications and the digital channel witnessed an overwhelming participation as well, contributing to nearly 20 per cent the total applications. "A significant 10 per cent of the applicants opted for long-term investments through SIPs (Systematic Investment Plans). Almost 30 per cent of the investors who invested in the NFO were new to Axis Mutual Fund, advocating their faith in us," B Gopkumar, MD and CEO, Axis AMC, said.

Motilal Oswal smallcap collects Rs 1,350 crore during new fund offering

According to the fund house, over 150,000 investors subscribed to the NFO, putting in an average of Rs 85,000

All you need to know about new DSP Nifty Smallcap250 Quality 50 Index Fund

The new fund offering has been open for subscription since December 5, 2023, and will close on December 15, 2023. The fund managers of the scheme are Anil Ghelani and Diipesh Shah

Motilal Oswal joins the small-cap bandwagon with NFO: All you should know

The investment objective of the scheme is to generate capital appreciation by investing predominantly in small-cap stocks.

Another thematic offering: Now, Axis MF launches an India manufacturing fund

The open-ended equity scheme has been benchmarked against the Nifty India Manufacturing TRI and will open on December 1, 2023

All you need to know about White Oak Capital's new large and mid-cap fund

WhiteOak Capital Large & Mid Cap Fund will predominantly invest in Large and Mid Cap stocks with an aim to create a factor diversified balanced portfolio with high active share

Sectoral, thematic funds: Investors should avoid extrapolating past returns

Such behaviour leads to chasing funds that are past peak performance

NFO alert: DSP Mutual Fund launches DSP Banking & Financial Services Fund

The New Fund Offer for DSP BFSF will open for subscription on November 20, 2023, and will close on December 4, 2023

Mutual funds' NFO collection surges 4 times to Rs 22,000 cr in Sept qtr

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. Going forward, more NFOs can be expected in the coming quarters as several AMCs become operational and offer similar and differentiated products to the equity and debt investors, Gopal Kavalireddi, Vice President of Research at FYERS, said. "With investors firmly believing in the India growth story and the emergence of new segments in organised space, more and more companies are seeking funds through primary and secondary market offerings. "To support these listed businesses, AMCs would be interested in launching more schemes across equity and hybrid categories, especially in the mid-, small-, and micro-cap market capitalisations," he added. During the quarter that ended in September 2023, 48 schemes were launched, which were cumulatively able to garner Rs 22,049 crore at t

NFO alert: Bajaj Allianz Life launches Mid Cap Index Fund

The Bajaj Allianz Life Mid Cap Index Fund is designed to tap into the Nifty Midcap 150 Index's high-growth potential