Page 5 - Nfos

Aditya Birla Sun Life AMC collects Rs 1,574 cr via new fund offering

Aditya Birla Sun Life AMC on Tuesday said it has collected Rs 1,574 crore through its newly launched multi-asset allocation fund. The new open-ended scheme-- Aditya Birla Sun Life Multi Asset Allocation Fund -- which invests in equity, fixed income, gold, silver and real estate investment trusts (REITs) was launched on January 11. "The NFO (new fund offering) managed to garner high investor interest with investments from over 70,000 investors and collected Rs 1,574 crore as on January 31, 2023," the asset management company said in a statement. The multi-asset allocation category has emerged as a popular investment option for investors seeking asset class diversification along with a stable investment solution. A Balasubramanian, MD and CEO of Aditya Birla Sun Life AMC, said market volatility can be a challenge for investors, however the multi-asset allocation fund can provide a stable investment solution. "The fund's portfolio construction is unique and has a high focus on qualit

Tata Mutual Fund announces launch of multi-cap scheme, NFO closes Jan 30

Scheme will invest across large-cap, mid-cap and small-cap shares, says company

Sebi gets tougher with MF industry body for dragging feet on pooling norms

Regulator also unhappy with phase-1 of two-factor authentication framework, asks Amfi for schedule and progress reports

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

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

With one launch per day, NFOs are back with all guns blazing

Lifting of embargo on July 1 has seen 37 new offers in July and 26 in August

WhiteOak Capital Mutual Fund collects Rs 550 crore for maiden NFO

The fund aims to build an active, well-diversified portfolio, representing a cross-section of companies across major industries, economic sectors, and market cap segments, WhiteOak said in a statement

Invest in NFOs only if it helps in diversifying your portfolio: Experts

Stick to proven fund houses with at least a 5-year track record and see how they performed over market phases

90 days on, MFs line up NFOs as embargo lifts; a dozen schemes expected

Since April, the Rs 37-trillion MF industry has not rolled out a scheme due to delay in implementation of the new norms around pooling of investor funds that were to come into effect on April 1

Fund houses ready NFOs as ban nears end, say will comply with new norms

In a circular in October 2021, Sebi had stated that pooling of funds or units by stockbrokers and clearing members in any form or manner shall be discontinued for all mutual fund transactions

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Equity MFs attract Rs 40,000 cr in Sep qtr on strong inflow in NFOs

The inflow pushed the asset base of equity mutual funds (MFs) to Rs 12.8 trillion by September-end, from Rs 11.1 trillion at the end of June

Kotak Multicap NFO collects Rs 3,500 cr, highest-ever by fund house

25% of the collections came from Tier-II towns and more than 10% of the 150,000 applications received came via SIPs

Non-metros help SBI MF mobilise record sum in Balanced Fund NFO

Over two-third was collected from beyond the top 8 cities; jump in average ticket size plays its part

Domestic mutual funds remain strong buyers; FPI flows back in black

Domestic investors may lend support to markets in the event of any intermittent correction, say experts

Street signs: Nifty eyes 17k-mark, poultry and aqua stocks may gain & more

The Nifty50 concluded the August expiry series with gains of 5.4 per cent; it has made higher highs and shallower lows for the last four weeks

Sebi asks mutual fund houses to invest in NFO depending on risk level

However, the regulator has not quantified the minimum amount that needs to be invested by the fund houses.

MFs hike trail commissions by up to 50% for big distributors in NFO push

Asset managers have collected nearly Rs 20,000 crore of inflows via the NFO route in the past six months

About 60 NFOs mobilise Rs 27,000 cr in six months amid buoyancy in markets

While new offerings are usually launched during a bull phase when investor sentiment peaks, industry officials believe these NFOs launches are largely to complete bouquet of products from fund houses

MFs storm market with 47 new equity offerings mopping up Rs 9,000 cr

10 NFOs are closing this month; list features over a dozen passive schemes, including index funds and ETFs that have gained popularity among investors