Year-ender 2024: Mutual funds raise over Rs 1 lakh crore via 205 NFOs; sectoral and index funds top contributors
A whopping Rs 1.04 lakh crore was raised via 205 new mutual fund offerings in 2024. Index funds saw the most launches with 76 NFOs. Sectoral and thematic funds pulled in the highest amount, collecting Rs 67,772 crore. Investors showed interest across various categories, including multi-asset, large-cap, and small-cap funds. This record year excluded December launches.