<ul data-eligibleForWebStory="false"><li>Mutual funds are flooding the market with new fund offers (NFOs) amid a volatile equity market and tepid returns from IPOs.</li><li>Recent trends show that new entrants in the asset management space are launching NFOs, especially on the passive side, linked to specific indexes without fund manager discretion.</li><li>JioBlackRock AMC, a digital-focused joint venture, raised ₹17,800 crore through NFOs and has plans to launch eight more schemes with a minimum investment limit of ₹500, aiming to disrupt the fund management business in India.</li><li>The Mutual Fund (MF) industry has seen significant interest from investors, with 117 NFOs raising ₹19,164 crore in the first six months of the year, highlighting sustained retail investor confidence despite market volatility and geopolitical tensions.</li></ul>

Mutual funds flood market with new fund offers

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