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HomeNewsBusinessMarketsKotak's note finds narrative-focused NFOs led to ‘price-insensitive’ bids, unreal valuations

Kotak's note finds narrative-focused NFOs led to ‘price-insensitive’ bids, unreal valuations

A Kotak Institutional note has observed a rise in thematic NFOs by mutual funds, focused on a particular sector, in order to attract greater flows.

August 28, 2024 / 13:19 IST
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Net SIP flows have sputtered over the past few months, but NFOs have become an increasingly large proportion of overall inflows.
Zoya Springwala
first published: Aug 28, 2024 01:19 pm

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