From the new plans. Collection of funds fell by 38 percent to Rs. 62,000 crores
AHMEDABAD: The collection of new schemes (NFO) of mutual fund companies has decreased in the last year. Asset management companies in 2022 from new schemes totaling Rs. 62,000 crore is collected, which is a decrease of 38 percent compared to 2021.
However, mutual fund companies introduced a large number of new schemes last year. A total of 228 new schemes were introduced last year. 140 schemes of this year 2021 were presented.
The data shows that fund managers focused on the fixed income category last year. The number of fixed income categories has doubled in 2022 compared to last year. In the calendar year 2022, 179 'open-end funds' and 49 'closed-end funds' were launched. A total of Rs. 62,187 crore was collected.
In 2021, an amount of Rs 99,704 crore was collected through 140 new schemes. In 2020, 81 new schemes raised Rs 53,703 crore.
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