NFO Alert: New fund offer (NFO) in a mutual fund refers to the introduction of a new mutual fund scheme by an Asset Management Company (AMC) or fund house. An NFO offers investors the chance to invest in a newly launched fund.
As per SEBI regulations, a new fund offering may remain active in the market for up to 30 days. The offer price to subscribe to such mutual funds is Rs 10, and the collected revenue can be utilised in procuring securities of various publicly traded companies listed on a stock exchange.
Created with AI. Errors are possibleAround 5 mutual funds are currently open for subscriptions. Fund houses introduce new schemes to expand and complete their range of investment products. The following is a detailed breakdown of the reasons for launching new schemes (Source: ACE MF):
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.
- Launch date: 22 Jun 2026
- End date: 03 Jul 2026
- Allotment date: 07 Jul 2026
- NAV: Rs 10.00
HDFC Nifty Auto Index Fund Direct Growth is a Mutual Fund Scheme launched by HDFC Mutual Fund. This scheme was made available to investors on 10 Dec 1999. Arun Agarwal is the Current Fund Manager of the HDFC Nifty Auto Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of Rs 9,34,238 Cr and the Latest NAV as of 22 Jun 2026 is Rs 10.00.
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.
- Launch date: 22 Jun 2026
- End date: 06 Jul 2026
- Allotment date: 09 Jul 2026
- NAV: Rs 10.00
Tata Multi Sector Passive FoF Direct Growth is a Mutual Fund Scheme launched by Tata Mutual Fund. This scheme was made available to investors on 30 Jun 1995. Rahul Singh is the Current Fund Manager of the Tata Multi-Sector Passive FoF Direct Growth fund. The fund currently has an Asset Under Management(AUM) of Rs 2,25,507 Cr and the Latest NAV as of 22 Jun 2026 is Rs 10.00.
The Tata Multi-Sector Passive FoF Direct Growth is rated Very High risk. Minimum SIP Investment is set to Rs 100. Minimum lump sum investment is Rs 5,000. Exit load of 0.50%, if redeemed within 30 Days.
Life Cycle Funds by Zerodha
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.
- Launch date: 19 Jun 2026
- End date: 07 Jul 2026
- Allotment date: 10 Jul 2026
- NAV: Rs 10.00
Zerodha Life Cycle Fund 2041 Direct Growth is a Mutual Fund Scheme launched by Zerodha Mutual Fund. This scheme was made available to investors on 20 Dec 2021. Kedarnath Mirajkar is the Current Fund Manager of Zerodha Life Cycle Fund 2041 Direct Growth fund. The fund currently has an Asset Under Management(AUM) of Rs 16,058 Cr and the Latest NAV as of 19 Jun 2026 is Rs 10.00.
The Zerodha Life Cycle Fund 2041 Direct Growth is rated Very High risk. Minimum SIP Investment is set to Rs 100. Minimum lump sum investment is Rs 100. Exit load of 3% if redeemed within 1 year, 2% if redeemed after 1 year but within 2 years and 1% if redeemed after 2 years but within 3 years.
Zerodha Life Cycle Fund 2036 Direct Growth is a Mutual Fund Scheme launched by Zerodha Mutual Fund. This scheme was made available to investors on 20 Dec 2021. Kedarnath Mirajkar is the Current Fund Manager of Zerodha Life Cycle Fund 2036 Direct Growth fund. The fund currently has an Asset Under Management(AUM) of Rs 16,058 Cr and the Latest NAV as of 19 Jun 2026 is Rs 10.00.
The Zerodha Life Cycle Fund 2036 Direct Growth is rated Very High risk. Minimum SIP Investment is set to Rs 100. Minimum lump sum investment is Rs 100. Exit load of 3% if redeemed within 1 year, 2% if redeemed after 1 year but within 2 years and 1% if redeemed after 2 years but within 3 years.
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.
- Launch date: 24 Jun 2026
- End date: 08 Jul 2026
- Allotment date: 14 Jul 2026
- NAV: Rs 10.00
The JM Multi Asset Allocation Fund Direct Growth is rated High risk. Minimum SIP Investment is set to Rs 1,000. Minimum lump sum investment is Rs 5,000. Exit load of 1%, if redeemed within 60 Days.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
