New fund offer: 8 mutual funds and 2 SIFs are now open for subscription. Check details
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New mutual funds available for investment
Around 8 mutual funds and 2 SIFs are now open for subscription. Fund houses launch new funds to complete their bouquet of offerings. Here is a detailed breakup (Source: ACE MF)
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Two from Zerodha Mutual Fund
Zerodha Life Cycle Fund 2036 and Zerodha Life Cycle Fund 2041, two life cycle funds, are open for subscription and will close on July 7. The minimum investment amount is Rs 100 each.
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Two from ICICI Prudential Mutual Fund
ICICI Pru Multi-Asset Active FOF and ICICI Pru Balanced Hybrid Fund, two hybrid funds, are open for subscription and will close on July 14. The minimum investment amount is Rs 1,000 and Rs 500, respectively.
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Prism Hybrid Long-Short Fund
Prism Hybrid Long-Short Fund, a SIF by JioBlackRock Mutual Fund, is open for subscription and will close on July 13. The minimum investment amount is Rs 10 lakh.
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Summit Equity Long-Short Fund
Summit Equity Long-Short Fund, a SIF by Invesco Mutual Fund, is open for subscription and will close on July 16. The minimum investment amount is Rs 10 lakh.
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JM Multi Asset Allocation Fund
JM Multi Asset Allocation Fund, a multi-asset allocation fund, is open for subscription and will close on July 8. The minimum investment amount is Rs 5,000
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Tata Multi Sector Passive FOF
Tata Multi Sector Passive FOF, a FOF (Domestic), is open for subscription and will close on July 6. The minimum investment amount is Rs 5,000.
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HDFC Nifty Auto Index Fund
HDFC Nifty Auto Index Fund, an index fund, is open for subscription and will close on July 3. The minimum investment amount is Rs 100.
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Choice Overnight Fund
Choice Overnight Fund, an overnight fund, is open for subscription and will close on July 3. The minimum investment amount is Rs 1,000.