NFO Update: Two New Mutual Funds Launching this Week
A New Fund Offer (NFO) is an initial public offering for a new scheme launched by an asset management company (AMC) to raise capital for a new mutual fund from investors.
This week, two mutual fund offerings (NFOs) will open for subscription with two different categories. One will be a midcap fund, while the other will be an index fund. If you are someone looking to invest in NFOs, then you should know about these two new mutual funds launching this week.
1) Kotak Nifty Commodities Index Fund
Kotak Mutual Fund has introduced the Kotak Nifty Commodities Index Fund, a new investment option tracking the Nifty Commodities Index.
Subscription Period
- Opening date: February 17, 2025
- Closing date: March 3, 2025
- Minimum investment: Rs.100
The scheme is appropriate for investors seeking long-term capital growth and returns that are comparable to the performance of the Nifty Commodities Index, subject to tracking error.
2) Helios Mid Cap Fund
Helios Mutual Fund is going to launch the Helios Mid Cap Fund, which is an open-ended equity scheme focused on mid-cap stocks.
Subscription Period
- Opening date: February 20, 2025
- Closing Date: March 6, 2025
- Minimum Investment
- Lumpsum: Rs.5000, and in multiples of Rs.1
- Systematic investment plan (SIP): Rs.1,000 and in multiples of Rs.1
It is appropriate for investors looking to build long-term wealth through a diverse portfolio of mid-sized companies. According to the scheme’s riskometer, the principal invested is “very high” risk.
Conclusion
When considering these investment opportunities , it is recommended to choose an investment that aligns perfectly with your financial goals, risk tolerance, and investment horizon, for which you can also seek advice from experts before investing in these funds.
