6 mutual fund NFOs are open for subscription now
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New funds available
Six new mutual funds are available for subscription now. Mutual funds launch new funds to complete their bouquet of offerings. (Source: ACE MF)
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From this category
Out of these six new funds, two are index funds and ETFs each, one arbitrage fund and an overnight fund.
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Arbitrage Fund
Quant Arbitrage Fund, an arbitrage fund, is open for subscription and will close on April 1.
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Two ETFs
360 ONE Silver ETF and Angel One Nifty 1D Rate Liquid ETF are open for subscription and will close on March 24.
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Two index funds
HDFC Nifty Top 20 Equal Weight Index Fund and Tata BSE Quality Index Fund are open for subscription and will close on March 21 and March 28.
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Zerodha Overnight Fund
Zerodha Overnight Fund, an overnight fund, is open for subscription and will close on April 2. The scheme is available in direct plan only.
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Should you invest?
One should always choose schemes based on their risk appetite, investment horizon, and goals.