6 mutual funds NFOs to open for subscription this week
May 26, 2024
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Around six mutual fund NFOs will open for subscription this week. These six mutual fund NFOs are from the ETF, multi cap fund, small cap fund, and thematic fund categories, according to data from ACE MF.
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The new fund offer or NFO of the scheme will open for subscription on May 27 and it will close on June 10. The minimum investment amount is Rs 5,000 per plan/option and in multiple of Re 1 thereafter. The scheme is benchmarked against Nifty Smallcap 250 TRI. The scheme will be managed by Asit Bhandarkar, Chaitanya Choksi, and Gurvinder Singh Wasan.
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3/7
Zerodha Nifty 100 ETF
The new fund offer or NFO of the scheme is open for subscription and it will close on June7. The minimum amount of investment is Rs 1,000 and in multiples of Rs 1,000 thereafter. The minimum amount of investment is Rs 1,000 and in multiples of Rs 1,000 thereafter. The scheme is benchmarked against Nifty 100 Total Return Index. The scheme will be managed by Kedarnath Mirajkar.
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4/7
Zerodha Nifty Midcap 150 ETF
The new fund offer or NFO of the is open for subscription and will close on June 7. The minimum investment amount is Rs 1,000 and in multiples of Rs 1,000 thereafter. The scheme is benchmarked against Nifty Midcap 150 Total Return Index. The scheme will be managed by Kedarnath Mirajkar.
Agencies
5/7
Motilal Oswal Multi Cap Fund
The new fund offer or the NFO of the scheme will open for subscription on May 28 and it will close on June 11. The minimum investment amount is Rs 500 and in multiples of Re 1 thereafter. The scheme will be benchmarked against Nifty 500 Multicap 50:25:25 Index TR. The scheme will be managed by Ajay Khandelwal, Niket Shah, Santosh Singh, Atul Mehra, Rakesh Shetty, and Ankush Sood.
IANS
6/7
Baroda BNP Paribas NIFTY Bank ETF
The new fund offer or the NFO of the scheme will open for subscription on May 31 and it will close on June 14. The minimum investment amount is Rs 5,000 and in multiples of Re 1 thereafter. The scheme will be managed by Nifty Bank Total Returns Index. The scheme will be managed by Neeraj Saxena.
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7/7
Mahindra Manulife Manufacturing Fund
The new fund offer or NFO of the scheme will open for subscription on May 31 and it will close on June 14. The minimum investment amount is Rs 1,000 and in multiples of Re 1 thereafter. The scheme will be benchmarked against S&P BSE India Manufacturing TRI. The scheme will be managed by Renjith Sivaram Radhakrishnan, Manish Lodha, Pranav Nishith Patel.
