Mutual fund NFOs: 2 passive funds to open for subscription this week; check key details here
1/5
New debuts
Two passive mutual funds will open subscriptions this week. Fund houses launch new funds to complete their bouquet of offerings. Here is a detailed breakup (Source: ACE MF)
2/5
Category breakup
Among these two passive funds, one will be an ETF and the other will be FoF. The ETF will be based on Nifty, whereas the FoF will be based on commodities.
3/5
DSP Nifty FMCG ETF
DSP Nifty FMCG ETF will open for subscription on May 12 and will close on May 14. The minimum application amount will be Rs 5,000.
Amazon Top Deals
POWERED BY
4/5
HDFC Gold Silver Passive FoF
HDFC Gold Silver Passive FoF will open for subscription on May 15 and will close on May 29. The minimum investment amount will be Rs 100.
5/5
Want to invest?
Choose a fund based on your risk appetite, investment horizon and financial goals, rather than following where others are investing.