About half of new mutual fund schemes were index funds. | Jobs Vox

Due to the SEBI (Securities Exchange Board of India) ban, when new funds were not allowed to start mutual funds – in May and June ban – various schemes were launched in different categories during the year.

In 2022, a total of 155 new mutual funds were launched (as of November 30). This includes 75 index mutual funds, 35 other exchange-traded funds (ETFs), 8 funds of funds (FOFs) investing abroad, 11 debt funds and 8 sector/thematic funds.

Some investment advisors believe that the increasing popularity of index funds may be due to their simplicity and low cost.

“The last couple of years have seen a dramatic increase in the number of new investors, many of whom are investing in index funds because of their simplicity and low cost. The data speaks for itself, and what we’re seeing now is the retail investor making long-term strategic investments in fresh equity markets.” It’s a big trend that will continue to bring or talk about,” said Abhishek Dev, co-founder and CEO of Epsilon Money Mart.

Interestingly, new mutual funds launched in other categories are few and far between. For example, five variable-cap funds, one arbitrage fund, one large-cap fund, three mid-caps, two multi-caps, one hybrid, one focused, two variable asset allocation funds, one pension fund and one equity-linked savings scheme (ELSS). They were. ) fund.

month Number of plans launched
January 13
February 18
March 23
April 3
July 3
August 33
September 17
October 28
November 17

(Source: AMFI, No new mutual funds were launched in May and June.)

Monthly distribution

The largest number of mutual funds ie, 33 were launched in August, including 9 debt funds, one mid-cap, one focused, two flexible caps, one variable asset allocation fund, one arbitrage, seven index funds and 10 exchange-traded funds (ETFs).

The second highest amount of funds (28) was launched in October. These include 21 index funds, two ETFs, 2 sector/theme, one multi-cap and one debt fund.

Following this, 23 new fund schemes were launched in March, including 15 index funds, 5 ETFs, one fund investing in foreign funds, one hybrid and one multi-cap fund.

Apart from this, on January 13 new financial offers were introduced on February 18, September 17 and November 17.

It is important to mention that no new fund schemes were launched in May and June and only three were launched in July.


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First published: December 24, 2022, 11:12 am IST

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