The mutual fund industry is undergoing a reset. While fund houses continue to file new offerings, investor sentiment has cooled, especially towards thematic funds.
India’s mutual fund industry is experiencing a shift in dynamics. While fund houses launched more new fund offers (NFOs) in the first quarter of FY26, overall collections have declined sharply compared to last year. The numbers suggest growing investor caution amid market volatility, pushing asset managers to recalibrate their strategies.
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