NFOs: 12 mutual funds and 1 SIF are open for subscription now.Check details
By Surbhi Khanna, ET Online |
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New options for investment
Around 12 mutual funds and one SIF are open for subscription currently. Mutual funds launch new funds to complete their bouquet of offerings. Here's a detailed breakdown of NFOs live now (Source: ACE MF).
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Sectoral funds
Bandhan Healthcare Fund and Bajaj Finserv Banking and Financial Services Fund will close for subscription on November 24. Mirae Asset Infrastructure Fund will close on December 1.
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FoF (Domestic)
Groww Nifty Capital Markets ETF FOF will close on November 28. Mahindra Manulife Income Plus Arbitrage Active FOF and Axis Multi-Asset Active FoF will close on December 1 and December 5, respectively.
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Multi-asset allocation funds
PGIM India Multi Asset Allocation Fund and The Wealth Company Multi Asset Allocation Fund will close on November 25 and December 3.
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Passive funds
Groww Nifty Capital Markets ETF and Kotak Nifty500 Momentum 50 Index Fund will close on November 28 and December 4, respectively.
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Smallcap funds
Samco Small Cap Fund is open for subscription and will close on November 28.
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Thematic fund
Franklin India Multi-Factor Fund is open for subscription and will close on November 24.
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Diviniti Equity Long Short Fund
Diviniti Equity Long Short Fund, by ITI Mutual Fund, is open for subscription and will close on November 24.