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Here's What's Powering The NFO Rush
New fund offers too underscore the surfeit of liquidity in Indian markets.
15 Sep 2021, 09:31 AM IST
As a sea of easy cash drives a record-breaking bull run and an IPO frenzy, there’s more evidence that underscores the surfeit of liquidity in Indian markets—new fund offers.Five new equity-oriented schemes launched in August garnered total investments worth Rs 22,770 crore, according to industry data compiled by Jefferies. That's the highest in at least two years since the regulator reclassified schemes. SBI's Balanced Advantage Fund...
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