A 100 NFOs in 2021 and counting: Why are mutual funds rolling out too many new schemes?

Its a century!
Yesterday, Mirae Mutual Fund launched Mirae Asset Hang Seng TECH ETF. This is the 100th new fund offer (NFO) on the mutual fund street so far this year, 2021. In the past week alone, the MF industry has launched as many as 10 new schemes;…

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