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29 mutual fund NFOs raise Rs 6,078 crore in October, sectoral and thematic funds dominate

By Economic Times - 2 weeks ago
Sectoral and thematic funds led the total collection in October, with four such funds contributing Rs 3,517 crore. WhiteOak Capital Mutual Fund introduced two new sectoral/thematic offerings: the WhiteOak Capital Digital Bharat Fund and the WhiteOak Capital ESG Best-In-Class Strategy Fund. Alongside these, the Kotak MNC Fund and LIC MF Manufacturing Fund were among the top contributors, collectively driving significant investment activity in this category.

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