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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

Topics
Mutul Fund | NFOs | Fund Houses

Abhishek Kumar  |  Mumbai 



FDI, INVESTMENT, investment, foreign investment, foreign direct investment, FPI, dollar inflow, GROWTH, MARKETS, FUNDS, SHARES, DEMAND, GROWTH, mutual fund, fund, stocks
Surge in interest by fund houses is driven by optimism that TMFs may emerge as a strong alternative to bank FDs

(MFs) are girding up for a raft of target maturity funds (TMFs) in the months to come. Between June and August, 22 of the 56 filings for new fund offerings with regulator Securities and Exchange Board of India were for these passive debt funds.

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First Published: Wed, September 14 2022. 21:23 IST

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