Mutual fund NFOs: Only 2 mutual fund NFOs are open for subscription. Check details

Only two new funds are currently open for subscription. Fund houses launch new funds to complete their bouquet of offerings. Here is a detailed breakdown, according to data from ACE MF.

Among these two funds, one is a passive fund and the other is a fixed maturity plan fund. One is an open-ended fund and the other is a close-ended fund.

Edelweiss Nifty Energy ETF, a passive fund, is open for subscription and will close on November 13. The minimum investment amount is Rs 5,000.

Aditya Birla SL FMP-VC-114D, a fixed maturity plan fund and a close-ended fund, is open for subscription and will close on November 17. The minimum application amount is Rs 1,000.

If you are willing to invest in these funds, choose funds based on your risk appetite, investment horizon and financial goals. One should not choose a fund based on where others are investing.