Now Reading: BSE StAR MF platform launches NFOs with SIP for five funds
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BSE StAR MF platform launches NFOs with SIP for five funds
The BSE StAR MF platform has launched New Fund Offers (NFOs) with Systematic Investment Plan (SIP) facility for ITI Mutual Fund, Nippon India Mutual Fund, Quant Mutual Fund, and Edelweiss Mutual Fund.…
The Story in Brief
The BSE StAR MF platform has launched New Fund Offers (NFOs) with Systematic Investment Plan (SIP) facility for ITI Mutual Fund, Nippon India Mutual Fund, Quant Mutual Fund, and Edelweiss Mutual Fund. Additionally, an ETF NFO of Quant Silver ETF has been made available on the same platform, as per notices published by BSE India.
The Indian Opinion
The flurry of NFO launches on the BSE platform suggests mutual funds are rushing to tap retail investors through SIPs. However, investors must look beyond the launch hype. A new fund does not guarantee better returns than existing ones. The real test will be whether these funds outperform their benchmarks over the next three years. Until then, caution is wise.
Sources (5): bseindia.com, bseindia.com (2), bseindia.com (3), bseindia.com (4), bseindia.com (5)
This story was synthesised by AI from the 5 sources linked above.
Updated: this story now draws on 5 sources.
