4 mutual fund NFOs will open for subscription this week. Check key dates and details
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New funds in pipeline
Around four new mutual funds will open for subscription this week. Fund houses launch new funds to complete their bouquet of existing offerings. Here is a detailed breakup (Source: ACE MF).
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Fund classification
Among these four funds, three will be actively managed funds, and the other one will be a passively managed fund.
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Baroda BNP Paribas Services Fund
Baroda BNP Paribas Services Fund will open for subscription on July 14 and will close on July 28. The minimum investment amount will be Rs 1,000.
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Abakkus Large & Mid Cap Fund
Abakkus Large & Mid Cap Fund will open for subscription on July 15 and will close on July 29. The minimum investment amount will be Rs 500.
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The Wealth Company Mid Cap Fund
The Wealth Company Mid Cap Fund will open for subscription on July 15 and will close on July 29. The minimum investment amount will be Rs 1,000.
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Bajaj Finserv BSE Top 10 Banks ETF
Bajaj Finserv BSE Top 10 Banks ETF will open for subscription on July 13 and will close on July 15. The minimum investment amount will be Rs 500 per application and in multiples of Re 1 thereafter.