Mutual fund NFOs: 8 new funds are open for subscription now. Check details

Around eight new mutual funds are open for subscription now. New fund launches aim to fill gaps in mutual fund houses' product baskets. Here is a detailed breakup (Source: ACE MF)

Among these eight funds, seven are open-ended funds and one is a close-ended fund. Out of these eight funds, two are ETFs, one is large & midcap, midcap, sectoral fund, flexicap fund, and FoFs (Domestic).

ICICI Prudential BSE Insurance ETF and Edelweiss BSE Top 10 Bank ETF are open for subscription and will close on July 28 and July 30 respectively.

AlphaGrep Flexi Cap Fund, a flexicap fund by AlphaGrep Mutual Fund, is open for subscription and will close on August 4.

Abakkus Large & Mid Cap Fund, a large & midcap fund by Abakkus Mutual Fund, is open for subscription and will close on July 29.

The Wealth Company Mid Cap Fund, a midcap fund by The Wealth Company Mutual Fund, is open for subscription and will close on July 29.

Baroda BNP Paribas Services Fund, a service sector based fund by Baroda BNP Paribas Mutual Fund, is open for subscription and will close on July 28.

HDFC Nifty Metal ETF FOF, a FoF by HDFC Mutual Fund, is open for subscription and will close on August 3.

Aditya Birla SL FTP-VA-821D, a fixed maturity plan by Aditya Birla Sun Life Mutual Fund, is open for subscription and will close on July 27.