Have you invested? In July, 15 new mutual funds raised approx Rs 16,600 Cr. Look at division

According to AMFI’s monthly figures, some 15 new mutual funds were introduced to the market in July, bringing in a total of Rs 16,565 crore. This is how everything ended.

2 Biggest contribution

Max Contribution of Rs 9,790 crore was made by thematic and sectoral funds. There were just two introduced: the ICICI Prudential Energy Opportunities Fund and the Edelweiss Business Cycle Fund.

6 Index Fund

Roughly Rs 2,651 Cr received by six index funds. Among the well-known funds introduced in this category were the Tata Nifty India Tourism Index Fund, the Motilal Oswal Nifty India Defence Index Fund, and the Kotak BSE PSU Index Fund.

1 Multi Cap Fund

Franklin India Multi Cap Fund was the only multicap fund to raise Rs 3,945 crore.

6 Other ETFs

Groww Nifty Ev & New Age Automotive ETF FOF

ICICI Prudential oil & gas ETF

SBI Silver ETF Fund

Shriram NIFTY 1D Rate Liquid ETF

Mirae Asset Nifty EV and New Age Automotive ETF