Mutual fund NFOs: 7 new funds will open for subscription this week. Check dates
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New funds in pipeline
Around seven new funds will open for subscription this week. Fund houses launch new funds to complete their bouquet of offerings. Here is a detailed breakup of NFO period, minimum investment amount, according to Value Research.
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Kotak Nifty Bank Index Fund
Kotak Nifty Bank Index Fund will open for subscription on August 3 and will close on August 17. The minimum investment amount will be Rs 1,000.
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Two from Motilal Oswal Mutual Fund
Motilal Oswal Nifty Metal ETF and Motilal Oswal Nifty Oil & Gas ETF will open and close for subscription on August 3. The minimum investment amount will be Rs 10.
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AlphaGrep Liquid Omni FoF
AlphaGrep Liquid Omni FoF will open for subscription on August 4 and will close on August 6. The minimum investment amount will be Rs 500.
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JioBlackRock Nifty 50 ETF
JioBlackRock Nifty 50 ETF will open for subscription on August 4 and will close on August 11. The minimum investment amount will be Rs 500.
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Edelweiss Nifty REITs & Realty Index Fund
Edelweiss Nifty REITs & Realty Index Fund will open for subscription on August 5 and will close on August 19. The minimum investment amount will be Rs 100.
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Franklin India Technology Fund
Franklin India Short Term Fund will open for subscription on August 5 and will close on August 11. The minimum investment amount will be Rs 5,000.