NFO Collections Rise About 41% to Rs 3,829 Crore in October
AMFI data shows 28 new schemes raised Rs 3,829 crore, led by ICICI Prudential Contra Fund at Rs 1,488 crore.
Key Takeaways
- 28 new mutual fund schemes collected Rs 3,829 crore in October 2026, AMFI data shows.
- That is about 41% more than the Rs 2,708 crore raised by 28 new schemes in September.
- ICICI Prudential Contra Fund raised Rs 1,488 crore, about 39% of the October total.
- ICICI Prudential Contra Fund's new fund offer was open from September 28 to October 12, 2026.
- AMFI released its October 2026 monthly report on November 11, 2026.
Table of Contents 4 sections
NFO collections in Indian mutual funds rose to Rs 3,829 crore in October 2026, as 28 new schemes raised money during the month, according to the monthly report of the Association of Mutual Funds in India (AMFI) released on November 11. In September, 28 new schemes had raised Rs 2,708 crore, so October's total was about 41% higher.
One scheme brought in the largest share. ICICI Prudential Contra Fund collected Rs 1,488 crore, or about 39% of the month's total.
NFO collections in October 2026 at a glance
| Detail | Value |
|---|---|
| New schemes in October 2026 | 28 |
| Money collected in October 2026 | Rs 3,829 crore |
| New schemes in September 2026 | 28 |
| Money collected in September 2026 | Rs 2,708 crore |
| Change from September | Up about 41% |
| Largest collection | ICICI Prudential Contra Fund, Rs 1,488 crore |
| Data source | AMFI monthly report for October 2026 |
ICICI Prudential Contra Fund led October's new fund offers
ICICI Prudential Contra Fund is an open-ended equity scheme that follows a contrarian investment strategy. Its new fund offer opened on September 28, 2026 and closed on October 12, 2026. It collected Rs 1,488 crore, according to AMFI's October report.
The Rs 1,488 crore it raised is more than any other new scheme collected in October, and works out to about 39% of the Rs 3,829 crore total.
Where NFO collections stand after October
New schemes raised Rs 3,829 crore in October 2026, up about 41% from Rs 2,708 crore in September, with 28 schemes in each month. ICICI Prudential Contra Fund accounted for Rs 1,488 crore, or about 39%, of the October total.
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Frequently Asked Questions
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How do October's NFO collections compare with September?
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What share of October's NFO collections came from ICICI Prudential Contra Fund?
When was the ICICI Prudential Contra Fund NFO open?
What kind of scheme is ICICI Prudential Contra Fund?
How much more did new schemes raise in October than in September 2026?
Did the number of new schemes change between September and October 2026?
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