NFO Watch: 3 mutual funds will open for subscription this week. Check dates and key details
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New funds in pipeline
Three new mutual funds will open for subscription this week. Fund houses launch new schemes to complete their bouquet of offerings. Here is a detailed breakdown. (Source: ACE MF)
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Strategy breakdown
The data further showed that among these three funds, two are passive funds and one is an actively managed fund.
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Tata Multi Sector Passive FoF
Tata Multi Sector Passive FoF will open for subscription on June 22 and 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 will open for subscription on June 22 and close on July 3. The minimum investment amount is Rs 100.
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JM Multi Asset Allocation Fund
JM Multi Asset Allocation Fund will open for subscription on June 24 and close on July 8. The minimum investment amount is Rs 5,000.
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Want to invest?
Always choose a fund that suits your risk appetite, investment horizon and financial goals. Your decision should not be based on where others are investing.