NFO Alert: Investors looking to diversify their portfolios will have several new options as around six mutual fund New Fund Offers (NFOs) are scheduled to open for subscription this week. Fund houses are launching these schemes to expand their product offerings across active and passive categories.
According to ET, three of the upcoming funds will be passively managed, while the other three will be actively managed. Mirae Asset Mutual Fund and NJ Mutual Fund are each launching two schemes, with one each from Edelweiss Mutual Fund and AlphaGrep Mutual Fund.
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6 mutual fund NFOs to open
Mirae Asset Mutual Fund
- Mirae Asset BSE Midcap 150 Momentum 30 ETF and Mirae Asset BSE Midcap 150 Momentum 30 ETF FOF
- Subscription period: July 6 to July 13, 2026
- Minimum application amount: Rs 5,000 for both schemes
NJ Mutual Fund
- NJ Value Fund and NJ Momentum Fund
- Subscription period: July 10 to July 24, 2026
- Minimum application amount: Rs 500 for both schemes
AlphaGrep Mutual Fund
- AlphaGrep Multi-Asset Allocation Fund
- Subscription period: July 6 to July 20, 2026
- Minimum application amount: Rs 500
Edelweiss Mutual Fund
- Edelweiss Nifty Metal ETF
- Subscription period: July 6 to July 20, 2026
- Minimum investment amount: Rs 5,000
These launches come amid ongoing interest in thematic, momentum, value, and multi-asset strategies as investors seek exposure to different market segments. Passive funds tracking indices or specific themes like metals and mid-cap momentum continue to gain traction, while active funds from NJ aim to capitalise on value and momentum opportunities.
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(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.)
