(NFOS) New fund offers launched by domestic mutual funds have remained largely unaffected by the electioninduced volatility. However, some fund houses expect better buying opportunities after the announcement of the election results on June 4.
At present, five active equity and hybrid new fund offerings (NFOS) - SBI Automotive Opportunities Fund, Samco Special Opportunities Fund, WhiteOak Capital Special Opportunities Fund, Bajaj Finserv Multi Asset Allocation Fund, and Baroda BNP Paribas Retirement Fund - are open for subscription.
The deployment, which happens after the completion of the NFO period, will mostly happen after the announcement of general election results for the majority of the new funds. In addition, four passive equity offerings are also open for subscription.
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