New launches in the equity mutual fund space are getting lukewarm response from investors. The situation is so bad the fund industry could not even raise one per cent of the amount it mobilised during the peak period of 2005-06. So far in the current financial year, only seven new fund offers (NFOs) in the equity segment hit have the market, garnering a paltry sum of Rs 354 crore. Stringent norms from
Regulator's tough stance and poor capital markets discourage new offers; analysts expect trend to continue next year. The poor state of the stock market and the capital market regulator's tough
Between March and August this year, the mutual fund industry launched 377 new schemes and raised Rs 42,015 crore from investors, according to data from the Association of Mutual Funds of India
Investors who like to move away from a 'product-oriented' investment style are clearly seeking change. Several of them do not want to mindlessly add IPOs, NFOs and insurance products to their
A sharp decline in the number of equity new fund offers (NFOs) is good news for retail investors. Fund houses have launched just nine schemes since January, shows data from the Association of
New fund offers (NFOs) based on stocks are fast dwindling, thanks to the tough stance taken by the Securities and Exchange Board of India (Sebi) against the lookalike mutual fund schemes from a
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