5 mutual fund NFOs open for subscription this week. Check dates and key details
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New funds in the pipeline
Five new mutual funds will open for subscription this week. Fund houses launch new funds to expand their bouquet of offerings. Here is a detailed breakdown (Source: ACE MF).
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Category breakdown
These five funds belong to five different categories: one liquid fund, one flexi cap fund, one silver-based passive fund, one arbitrage fund, and one index fund.
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Two from Abakkus Mutual Fund
Led by Sunil Singhania, Abakkus Mutual Fund will launch a liquid fund and a flexi cap fund. The Abakkus Liquid Fund opens on December 8 and closes on December 10, while the Abakkus Flexi Cap Fund closes on December 22.
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JioBlackRock Arbitrage Fund
The JioBlackRock Arbitrage Fund from JioBlackRock Mutual Fund opens for subscription on December 9 and closes on December 11.
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Edelweiss Silver ETF FoF
The Edelweiss Silver ETF FoF, a silver-based passive fund, opens on December 9 and closes on December 11.
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Tata BSE Multicap Consumption 50:30:20 Index Fund
The Tata BSE Multicap Consumption 50:30:20 Index Fund opens on December 9 and closes on December 23.
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