Mutual Fund Update: 18 Mutual Fund NFOs now Open for Subscription
The mutual fund industry is in the midst of a new wave of fund offerings, or NFOs. As many as 18 funds are open for subscription at present. The intention is to enhance the existing portfolio of schemes that are available in the market for investors to consider. This variety of offerings comprises index funds, sectoral funds, ETFs, thematic funds, and numerous other categories aimed at catering to various investment strategies.
New Mutual Funds in the Market
Among the 18 available NFOs, five are index funds, three sectoral funds and ETFs each, two thematic funds, a multi cap fund, value fund, Funds of Funds (Domestic), fixed maturity plan, and a target maturity fund.
Hence, one is bound to pick the suitable choice from mutual fund offerings considering goals and risk factor of finance.
Index Mutual Funds
Index funds account for a large part of the present NFOs, and five such funds are open for subscription. The funds tracking various stock indices will close between February 10 and February 17. Two such index funds are from UTI Mutual Fund.
Sectoral Mutual Funds
Three sectoral funds are part of the latest NFOs, focusing on distinct industries. The Edelweiss Consumption Fund is open for subscription until February 14. Whereas ITI Bharat Consumption Fund, HSBC Financial Services Fund shall remain open up to February 20.
The sectoral funds allow the targeted exposure to sectors by aligning the investments in line with the growth trends specific to certain sectors.
ETFs Mutual Fund: Rise in ETF popularity
ETFs are attracting investor interest. Presently, there are three open offers. Kotak Mutual Fund has launched two ETFs – Kotak MSCI India ETF, closes on February 12 and Kotak Nifty 100 Equal Weight ETF, closes on February 17. The other open offer is Groww Nifty 200 ETF; its subscription is open until February 21.
ETFs benefit from liquidity and passive management.
Thematic Mutual Funds: For Wider Trends in the Market
There are two thematic funds NFOs are currently open for subscriptions. Motilal Oswal Innovation Opportunities Fund is open up to February 12, while Invesco India Business Cycle Fund is open up to February 20.
Thematic funds enable investors to benefit from long-term structural trends across various sectors.
Value Mutual Fund
The Mahindra Manulife Value Fund is open for subscription and will provide investment in undervalued stocks that can be expected to grow in the long term. The fund closes on February 21.
Multi Cap Mutual Fund: For Diversified Investment Exposure
Investors looking for diversified exposure across market capitalizations can consider the Bajaj Finserv Multi Cap Fund, which remains open for subscription until February 20.
Multi cap funds allocate investments across large-cap, mid-cap, and small-cap stocks, balancing risk and reward.
Fund of Fund (FoF)
Another option that is available to investors is the Fund of Fund (FoF) option. The Groww Nifty 200 ETF FOF is now open for subscription and will close on February 21.
Target Maturity Fund and Fixed Maturity Plans
Debt-oriented funds have also come in the newer category of NFOs. The currently open Kotak CRISIL-IBX AAA Bond Financial Services Index- Dec 2026 Fund for subscription will close on February 10. This fund is a target maturity fund in debt category.
Bandhan FMP-209-93D, a fixed maturity plan is opened for subscription now and will closed on February 10. These kinds of funds with relatively stable return can be in the consideration lists of conservative investors.
Conclusion
Investors can now choose from 18 mutual fund NFOs, which are currently open for subscription. Be it passive with index funds, sectoral or thematic plays to target, or debt-oriented funds for stability, there is something for every financial goal here. This is what investors should focus on risk tolerance and investment horizon.
