NFO flows hit a 5-year low in June quarter, SIPs stay robust

New fund offer collections by asset management companies fell significantly. Funds raised through new fund offers reached a five-year low in June. This sharp decline followed weak equity market sentiments in the preceding quarter. Although market sentiment improved, it did not revive new fund offer fundraising. Established fund houses and differentiated products may still attract investor interest.

Raccontata daeconomictimes.indiatimes.com