Episode description
The Sensex and the Nifty, the share market benchmarks in India, had more than doubled from the March 2020 lows last year. Equity mutual funds have been a major beneficiary of a booming stock market as their Assets Under Management (AUM) grew 67% year-on-year in the Financial Year 2021 to touch a mammoth Rs 10.2 lakh crore.
AMCs have quickly seized this opportunity and have launched many New Fund Offers (NFOs), especially in equity mutual funds.
Sounds interesting? Well, listen to the latest podcast to know more about the basics of investing in NFOs only on Blank Cheque by BLACK.