28 mutual fund NFOs raise over Rs 2,700 crore in September; Tata CRISIL-IBX Financial Services 3-6 Months Debt Index Fund leads

Indian mutual funds launched 28 open-ended NFOs in September, collecting Rs 2,708 crore according to AMFI data. Equity and index categories led collections, driven by strong investor interest in sector-specific offerings, including the Tata CRISIL-IBX Financial Services 3-6 Months Debt Index Fund which raised Rs 544 crore.