Market turmoil unlikely to slow NFO momentum; nearly 24 launches in October

Quick Summary:

The market has seen some correction, but sentiment hasn’t taken a big hit," said Akhil Chaturvedi, executive director and chief business officer of Motilal Oswal.

PGIM India will launch an active healthcare fund, and Tata will launch its innovation fund.

The fund house recently launched four sectoral and thematic schemes focusing on mid- and small-cap companies.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Markets NFO Index Fund NFO momentum Motilal Oswal Mutual fund

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-05 @ 19:33:34 (4 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 508 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23431858

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Official Website: business-standard.com

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Year Established: 1975

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News Last Updated: 2 hours ago

Coverage Areas: India

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