NFOs in vogue while established schemes see outflows

Among the successful NFOs, ICICI Prudential ESG fund, a theme which is gaining prominence overseas and catching investor fancy, raised Rs 1415 crore. Axis Global Equity Alpha Fund of Fund, which will invest in an international scheme that bets on a basket of global companies, raised Rs 1181 crore.

from Wealth-Economic Times https://economictimes.indiatimes.com/wealth/personal-finance-news/nfos-in-vogue-while-established-schemes-see-outflows/articleshow/78674252.cms