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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

Topics
mutual funds investments | NFOs | financial year

Abhishek Kumar  |  Mumbai 



mutual funds, markets

New fund offers (NFOs) by (MF) houses this (2022-23) have managed to amass only a fraction of what they did in 2021-22 (FY22).

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First Published: Tue, September 20 2022. 21:11 IST

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