9 mutual fund NFOs will open for subscription next week
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New funds in pipeline
Nine mutual fund NFO’s will open for subscription next week. Fund houses launch new funds to complete their bouquet of offerings. (Source: ACE MF)
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Thematic funds in focus
Three thematic funds will open for subscription next week. Two index funds, one sectoral fund, solution oriented fund, multi asset allocation fund, and a fixed maturity plan will open for subscription in the same period.
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Fixed maturity plan
TATA FMP-61-D-91D, a fixed maturity plan, will open for subscription on December 2 and will close on December 4.
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4/8
Index funds
Two index funds - Kotak Nifty 100 Equal Weight Index Fund and Kotak Nifty 50 Equal Weight Index Fund - will open for subscription on December 2 and will close on December 16.
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Multi asset allocation fund
Samco Multi Asset Allocation Fund will open for subscription on December 4 and will close on December 18.
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Sectoral funds
Bajaj Finserv Healthcare Fund will open for subscription on December 6 and will close on December 20.
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Solution oriented fund
Baroda BNP Paribas Children's Fund will open for subscription on December 6 and will close on December 20.
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Thematic funds
Three thematic funds - Quantum Ethical Fund (December 2 to16), SBI Quant Fund (December 4 to 18), and Aditya Birla SL Conglomerate Fund (December 5 to 19) - will open for subscription next week.