NFOs: 7 mutual funds and 1 SIF to open for subscription this week. Check details
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New funds in pipeline
Seven new mutual funds and one SIF will open for subscription this week. Mutual funds launch new funds to complete their bouquet of existing funds. (Source: ACE MF)
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Category spread
Among these seven mutual funds two are sectoral funds, a thematic fund, small cap, money market fund, multi asset allocation fund, and an ETF will open for subscription. One SIF will open with a long short strategy.
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Sectoral funds
Bandhan Healthcare Fund and Bajaj Finserv Banking and Financial Services Fund will open for subscription on November 10 and will close on November 24.
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Samco Small Cap Fund
Samco Small Cap Fund will open for subscription on November 10 and will close on November 28.
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Franklin India Multi-Factor Fund
Franklin India Multi-Factor Fund, a thematic fund, will open for subscription on November 10 and will close on November 24.
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PGIM India Multi Asset Allocation Fund
PGIM India Multi Asset Allocation Fund, a multi asset allocation fund, will open for subscription on November 11 and will close on November 25.
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Groww Money Market Fund
Groww Money Market Fund, a money market fund, will open for subscription on November 10 and will close on November 17.
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DSP MSCI India ETF
DSP MSCI India ETF, an ETF, will open for subscription on November 10 and will close on November 17.
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Diviniti Equity Long Short Fund
Diviniti Equity Long Short Fund, a SIF by ITI Mutual Fund, will open for subscription on November 10 and will close on November 24.