29 Mutual Fund NFOs Collect Rs. 6,078 Crore in October: Sectoral and Thematic Funds Surge
In October, 29 Mutual Fund NFOs collected Rs. 6,078 crore. And all NFOs were open-ended. Sectoral and thematic funds collected the highest contribution of the total amount. Four sectoral and thematic funds raised Rs. 3,517 crores.
WhiteOak Capital Mutual Fund introduced two sectoral/thematic funds:
WhiteOak Capital Digital Bharat Fund, WhiteOak Capital ESG Best-In-Class Strategy Fund
Apart from these four there, two were Kotak MNC Fund and LIC MF Manufacturing Fund.
Out of 29 funds, 17 funds were index funds, which raised Rs. 1,895 crore.
Mirae Asset Mutual Funds launched the highest number of index funds, which includes three mutual funds: Mirae Asset Nifty Total Market Index Fund, Mirae Asset Nifty 50 Index Fund, and Mirae Asset LargeMidcap 250 Index Fund.
The other index mutual funds were launched in October, which are Aditya Birla Sun Life Crisil-IBX AAA NBFC-HFC Index SEP 2026, Aditya Birla Sun Life Crisil-IBX AAA NBFC-HFC Index DEC 2025, Axis Nifty500 Value 50 Index Fund, Bandhan Nifty 500 Value 50 Index Fund, Bandhan Nifty 500 Momentum 50 Index Fund, Edelweiss Nifty 500 Multi Cap Momentum Quality 50 Index Fund, and Baroda BNP Paribas Nifty200 Momentum 30 Index Fund.
Five ETF funds were also launched in the month of October, which are Edelweiss Nifty500 Multicap Momentum Quality 50 ETF, Groww Nifty India Defence ETF, ICICI Prudential Nifty200 Value 30 ETF, Mirae Asset Nifty PSU Bank ETF, and Mirae Asset Nifty Metal ETF. These funds together collected Rs. 107 crore.
A gold ETF, One Multicap, Largecap, and Midcap were also launched, which are Groww Gold ETF collected Rs. 29 crore, Samco Multi Cap Fund collected Rs. 350 crore, and Helios Large and Midcap Fund collected Rs. 180 crore in October.
