Nfo

SBI MF's dividend yield fund collects over Rs 3,600 crore during NFO

NFO receives around 123,000 applications from over 70% of pincodes in India, the fund house says

SBI Mutual Fund launches dividend yield fund, NFO open till March 6

The scheme will target aggregate dividend yield that is at least 50 per cent higher than the Nifty 50 index

Losing steam: Average NFO collection slumps in FY23, shows data

At Rs 260 crore, average amount mobilised per new fund offer 57% below last financial year's tally

Fund houses set to launch a slew of target maturity funds in coming months

Nearly 40% NFOs filed since July are for these passive debt funds

Target maturity funds are better than FMPs for locking in returns

They are more transparent and control both interest-rate and credit risk

DSP Mutual Fund launches global NFO: Check details here

The key investment theme would be identifying companies that have innovative thinking

Mutual Funds float a dozen NFOs so far this year on broader market recovery

Experts say broader market recovery can lead to higher mobilisation of assets

Equity NFOs pick up as market rally

Second half of FY17 saw a sudden surge in these, mainly in closed-end category

Equity NFOs reduced to a third in 2016

Against 63 new schemes last year, segment offered only 19 funds, raising a paltry Rs 1,895 crore

Closed-end funds give fund managers time to perform

In the absence of redemption pressures, they can pick multi-baggers. But, investors have to reconcile themselves to lower liquidity