NFO Watch: 3 mutual funds will open for subscription this week. Check dates and key details

Three new mutual funds will open for subscription this week. Fund houses launch new schemes to complete their bouquet of offerings. Here is a detailed breakdown. (Source: ACE MF)

The data further showed that among these three funds, two are passive funds and one is an actively managed fund.

Tata Multi Sector Passive FoF will open for subscription on June 22 and close on July 6. The minimum investment amount is Rs 5,000.

HDFC Nifty Auto Index Fund will open for subscription on June 22 and close on July 3. The minimum investment amount is Rs 100.

JM Multi Asset Allocation Fund will open for subscription on June 24 and close on July 8. The minimum investment amount is Rs 5,000.

Always choose a fund that suits your risk appetite, investment horizon and financial goals. Your decision should not be based on where others are investing.