Source:ET

HDFC Manufacturing Fund raised between ₹9,500 crore and ₹10,000 crore – the highest by an actively-managed equity mutual fund in a new fund offer (NFO) in the past three years. Financial planners and distributors said heightened investor appetite for the manufacturing theme – a red hot theme on Dalal Street – in the wake of the government’s big push for industries in the country led to flows into the fund launch.