NFOs next week: Investors will have several new mutual fund investment opportunities next week, with seven New Fund Offers (NFOs) scheduled to open between August 17 and August 21. The upcoming NFOs span multiple categories, including ultra-short-term, multi-asset allocation, income plus arbitrage, silver, pharma and flexi-cap funds.
While the minimum investment in these new schemes starts at Rs 100, making some of the offerings accessible to retail investors. The NFOs will open on different dates and have varying subscription closing dates.
The scheme belongs to the ultra-short-term fund category and requires a minimum investment of Rs 100.
NFO opening date: August 17
Category: Ultra Short Term
Minimum investment: Rs 100
The open-ended scheme falls under the multi-asset allocation category and has a minimum investment requirement of Rs 5,000.
NFO opening date: August 17
Category: Multi Asset Allocation
Minimum investment: Rs 5,000
The Nippon India Income Plus Arbitrage Omni FoF NFO will open on August 17 and close on August 31.
The open-ended scheme falls under the income plus arbitrage category. Investors can participate with a minimum investment of Rs 500.
NFO opening date: August 17
Category: Income Plus Arbitrage
Minimum investment: Rs 500
The Quant Income Plus Arbitrage Active FoF will also open for subscription on August 17. The NFO will close on August 31.
The scheme belongs to the income plus arbitrage category and has a minimum investment requirement of Rs 5,000.
NFO opening date: August 17
Category: Income Plus Arbitrage
Minimum investment: Rs 5,000
The Quant Silver ETF NFO will open on August 17 and close on August 19, giving investors a shorter subscription window than the other funds opening that week.
The scheme is categorised as a silver fund and requires a minimum investment of Rs 2,000.
NFO opening date: August 17
Minimum investment: Rs 2,000
The Invesco India Pharma and Healthcare Fund NFO will open on August 18 and remain open until September 1.
The scheme falls under the pharma category, with a minimum investment requirement of Rs 1,000.
NFO opening date: August 18
Closing date: September 1
Minimum investment: Rs 1,000
The Quantum Flexi Cap Fund will be the final NFO in this list to open next week. Its NFO will begin on August 21 and close on September 4.
The open-ended scheme belongs to the flexi-cap category and has a minimum investment requirement of Rs 500.
NFO opening date: August 21
Closing date: September 4
Minimum investment: Rs 500
(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.)
