Mutual fund NFOs: 7 new funds will open for subscription this week. Check dates
Around seven new funds will open for subscription this week. Fund houses launch new funds to complete their bouquet of offerings. Here is a detailed breakup of NFO period, minimum investment amount, according to Value Research.
Kotak Nifty Bank Index Fund will open for subscription on August 3 and will close on August 17. The minimum investment amount will be Rs 1,000.
Motilal Oswal Nifty Metal ETF and Motilal Oswal Nifty Oil & Gas ETF will open and close for subscription on August 3. The minimum investment amount will be Rs 10.
AlphaGrep Liquid Omni FoF will open for subscription on August 4 and will close on August 6. The minimum investment amount will be Rs 500.
JioBlackRock Nifty 50 ETF will open for subscription on August 4 and will close on August 11. The minimum investment amount will be Rs 500.
Edelweiss Nifty REITs & Realty Index Fund will open for subscription on August 5 and will close on August 19. The minimum investment amount will be Rs 100.
Franklin India Short Term Fund will open for subscription on August 5 and will close on August 11. The minimum investment amount will be Rs 5,000.
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Mutual fund NFOs: 7 new funds will open for subscription this week. Check dates