New fund launches slow down — here’s what investors should know
New fund offers (NFOs) from mutual fund houses slowed sharply from ₹30,416 crore raised in July last year to just ₹471 crore in May, even though 13 new funds launched that month. July has brought fresh offers too, including sectoral ETFs and high-risk momentum funds. Kaustubh Belapurkar of Morningstar Investment Adviser India explained that…
