NFO: 5 mutual funds and 1 SIF are currently open for subscription. Check details
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New options available
Around five mutual funds and one SIF are currently open for subscription. Fund houses launch new schemes to complete their product bouquet. Here is a detailed breakup (Source: ACE MF):
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Infinity Hybrid Long-Short Fund
Infinity Hybrid Long-Short Fund, a SIF by Kotak Mutual Fund, is open for subscription and will close on June 29. The minimum investment amount is Rs 10 lakh.
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Life Cycle Funds by Zerodha Mutual Fund
Zerodha Life Cycle Fund 2036 and Zerodha Life Cycle Fund 2041 are open for subscription and will close on July 7. The minimum investment amount is Rs 100.
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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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Tata Multi Sector Passive FOF
Tata Multi Sector Passive FOF, a domestic fund of funds, is open for subscription and will close on July 6. The minimum investment amount is Rs 5,000.
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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.