 "Mutual funds see healthy inflows through equity NFOs in FY19: Report")
The current financial year saw sizeable flows into the equity segment through new fund offers (NFOs). Equity NFOs garnered nearly Rs 10,000 crore through open-ended schemes in FY19 through 46 new launches, data from Value Research shows.
While the mop-up is better than any year from FY14 to FY17, it is a 46 per cent drop over the collections of Rs 18,500 crore in the previous fiscal.
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