Joining the trend of thematic funds gaining popularity, Kotak Mutual Fund has introduced a new fund offer (NFO) under its equity category, named Kotak Consumption Fund. The fund aims to generate long-term capital appreciation by investing predominantly in equity and equity-related securities of companies engaged in consumption and consumption-related activities. The sectors/industries include Fast Moving Consumer Goods, Financial Services, Automobiles and Auto Components, Consumer Durables, Telecommunication, Consumer Services, Health Care, Power, Realty, and Textiles. The NFO is open for subscription from October 25 to November 8. Thematic and sector funds have seen significant inflows, with sectoral/thematic funds witnessing Rs 22,837 crore inflow in the past year, driven by new fund offers (NFOs).