Adani Enterp. 2437.60↑8.45(0.35%)
Adani Ports 739.20↑2.80(0.38%)
Apollo Hospitals 4946.75↑20.10(0.41%)
Asian Paints 3214.90↑2.65(0.08%)
Axis Bank 967.20↑5.10(0.53%)
B P C L 362.60↑1.50(0.42%)
Bajaj Auto 4794.70↓-5.95(-0.12%)
Bajaj Finance 7029.60↑19.50(0.28%)
Bajaj Finserv 1470.85↑3.45(0.24%)
Bharti Airtel 837.00↑1.00(0.12%)
Britannia Inds. 4959.60↑84.55(1.73%)
Cipla 964.95↓-0.45(-0.05%)
Coal India 229.00↑0.90(0.39%)
Divi's Lab. 3479.85↓-19.85(-0.57%)
Dr Reddy's Labs 4698.00↑48.60(1.05%)
Eicher Motors 3640.05↓-17.35(-0.47%)
Grasim Inds 1718.40↑6.45(0.38%)
H D F C 2656.05↑2.25(0.08%)
HCL Technologies 1128.00↑1.25(0.11%)
HDFC Bank 1610.70↑2.00(0.12%)
HDFC Life Insur. 585.10↓-8.80(-1.48%)
Hero Motocorp 2992.00↑27.20(0.92%)
Hind. Unilever 2671.05↓-8.85(-0.33%)
Hindalco Inds. 416.75↓-1.50(-0.36%)
ICICI Bank 938.55↑0.65(0.07%)
IndusInd Bank 1317.30↑13.45(1.03%)
Infosys 1273.95↓-8.85(-0.69%)
ITC 442.70↓-0.20(-0.05%)
JSW Steel 743.70↓-5.10(-0.68%)
Kotak Mah. Bank 1872.95↓-13.55(-0.72%)
Larsen & Toubro 2354.55↑14.25(0.61%)
M & M 1368.10↓-12.95(-0.94%)
Maruti Suzuki 9676.10↑17.50(0.18%)
Nestle India 22175.00↑26.10(0.12%)
NTPC 181.75↓-0.30(-0.16%)
O N G C 154.25↓-1.85(-1.19%)
Power Grid Corpn 242.70↑1.05(0.43%)
Reliance Industr 2498.15↓-1.50(-0.06%)
SBI Life Insuran 1247.60↑8.70(0.70%)
St Bk of India 585.15↓-3.35(-0.57%)
Sun Pharma.Inds. 985.30↓-1.70(-0.17%)
Tata Consumer 811.40↑4.30(0.53%)
Tata Motors 562.95↑3.25(0.58%)
Tata Steel 109.75↓-1.40(-1.26%)
TCS 3242.00↑5.55(0.17%)
Tech Mahindra 1067.35↓-3.95(-0.37%)
Titan Company 2914.60↑37.60(1.31%)
UltraTech Cem. 8161.85↑61.70(0.76%)
UPL 690.15↑0.10(0.01%)
Wipro 398.10↓-1.45(-0.36%)

Equity MFs mop up Rs 46,700 crore through new fund offers in 2021

Highest in 10 years, with 13 of 70 equity schemes cornering 75% of amount raised

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Riding on strong equity markets, several equity fund categories have given average returns of 28-66 per cent in one year

3 min read Last Updated : Dec 23 2021 | 11:59 PM IST

Buoyant stock markets and strong performance of equity schemes have led to equity funds mobilising Rs 46,752.37 crore through new fund offers (NFOs) in the current calendar year (2021, or CY21). The data from Value Research shows that NFO collection in CY21 was the highest in a decade, with 13 of the 70 equity schemes cornering 75 per cent of the amount raised.

ICICI Prudential Flexicap Fund and ICICI Prudential Business Cycle Fund were the top funds which collected Rs 9,808 crore and Rs 4,185 crore, respectively, in NFOs.

Asset management companies (AMCs) had collected the amount by launching schemes in various categories like thematic, multi-cap, banking, flexi-cap, and international funds.