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MF industry's digital drive helps in collections of new fund offerings

The digital capability of the MF industry has helped NFOs have a wider access to different parts of the country, despite the current lockdown conditions

Topics
MF Industry | Mutual funds MFs | NFOs

Jash Kriplani  |  Mumbai 



sebi, loans, MF, mutual funds, compensation, salary, bonus
In some cases, offline-focused IFAs in smaller cities had requested MFs to delay their NFOs, as they wouldn’t be able to participate during lockdown. Illustration: Binay Sinha

The digital drive undertaken by the mutual fund (MF) industry and distributors is helping collections of new fund offerings (NFOs), even as parts of the country are still witnessing a partial lockdown.

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First Published: Tue, August 25 2020. 17:59 IST

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