Despite mkt volatility, investors keen on equity NFOs



The number of equity schemes rose to 562 from 519 two years ago. Equity NFOs, in fact, have mopped up more than Rs 16,000 crore since 2018 – 2.7 times the Rs 5,948 crore collected in the preceding three calendar years.



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Paytm's MF foray fails to rattle fund distributors



Unlike most MF distributors in India, Paytm Money will be offering low-cost direct plans, which don’t charge for distribution expenses



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