With one launch per day, NFOs are back with all guns blazing

Lifting of embargo on July 1 has seen 37 new offers in July and 26 in August

The Rs 38-trillion mutual fund (MF) industry is going through a new fund offer (NFO) rush. Since July 1, the industry has launched close to 70 NFOs. This follows the completion of a near three-month embargo period when the industry had vowed to not launch any new offerings till the time it implemented norms around pooling of investor accounts.

As a result, between April and June 2022, the industry was able to launch just three NFOs. However, over the past two months there has been, on an average, one NFO hitting the market every day. 

As per data provided by