Equity NFO pipeline remains strong despite equity market weakness

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Equity NFO pipeline remains strong despite equity market weakness - Business Standard

Quick Summary:

Since January, AMCs have introduced 135 equity schemes, both active and passive, outpacing the 88 launches recorded in 2023.

However, this is not the case right now,” says Akhil Chaturvedi, executive director and chief business officer of Motilal Oswal.“The market has corrected somewhat, but sentiment hasn’t taken a big hit.

The number of filing with markets regulator, Securities and Exchange Board of India (Sebi), suggests this momentum will continue with asset management companies (AMCs) seeking approval for 21 more equity schemes in October.