Get Ready to Invest: 6 New Mutual Fund NFOs Launching Next Week
Next week, six mutual fund NFOs will open for subscription, expanding the range of investment options available for investors. These new launches of mutual funds include two target mutual funds, a sectoral fund, a liquid fund for short-term investments, an arbitrage fund, and an ETF for those who are interested in cost-effective ways to invest in changing portfolios.
With these offerings, mutual funds continue to enhance their product line to cater to a wide range of investment strategies and risk profiles.
Franklin India Arbitrage Fund
Franklin India Arbitrage Fund is a mutual fund that focuses on generating income and capital appreciation by capitalizing on arbitrage opportunities within the equity markets. This fund will open for subscription from November 4 to November 18.
Mirae Asset Nifty 1D Rate Liquid ETF
Mirae Asset Nifty 1D Rate Liquid ETF offers convenience and efficiency to utilize cash balances between trades in the equity market. Mirae Asset Nifty 1D Rate Liquid ETF is open for subscription from November 4 to November 6.
Shriram Liquid Fund
This fund is an open-ended mutual fund scheme that invests in debt and money market instruments to generate returns with a moderate level of high liquidity and risk. This fund is open for subscription from November 4 to November 8.
Aditya Birla SL CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund
Aditya Birla SL CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund, a target maturity fund, This fund aims to provide investors with a targeted investment strategy focused on the financial services sector. This fund will be open for subscription from November 4 to November 12.
Axis CRISIL-IBX AAA Bond Financial Services-Sep 2027 Index Fund
Axis CRISIL-IBX AAA Bond Financial Services-Sep 2027 Index Fund, which is a target maturity fund, aims to provide investors with exposure to high-quality bonds, focusing on potential returns and stability. This fund will be open for subscription on November 8 and close on November 21.
Bajaj Finserv Consumption Fund
The Bajaj Finserv Consumption Fund is an open-ended equity scheme that aims to invest in companies poised to benefit from rising domestic consumption. This fund will be open for subscription on November 8 and close on November 22.
