Investors, get ready for these 10 new MFs

While the demand of Indian investors is increasing towards mutual funds, MF companies are about to launch as much as ten new schemes this month, for which they have already filed draft offer documents with Securities and Exchange Board of India (SEBI).
 
These applications will constitute a wide range of MFs including equity, debt and fixed maturity plans.
 
Leading fund houses like Reliance MF, DSP BlackRock MF, IDFC MF, SBI MF, HDFC MF and ICICI Prudential MF have already prepared and filed the offer documents for new fund offers (NFOs) with SEBI. These schemes will go live for NFO once they get clearance from the regulatory authority.
 
As per the trend, it is evident that the mutual fund houses are trying come up with these new schemes quickly to grab the opportunity of an ongoing demand among the retail investors, that has recently grown in the market.
 
Mutual funds investment is a smart way to invest in equity and other classes of market to get the benefit of the current growing economy, as it allows user with no much exposure of risks, to let the best fund managers to manage their money in an efficient way.
 
Around 106 draft papers were filed in the previous year and is expected to increase in the current year as well.