Top 7 Mutual Fund NFOs Launching This Week
As investors, if you are looking to diversify your portfolios, Mutual Fund is launching seven New mutual funds this week, which offer unique investment approaches:
Tata India Innovation Fund
The Tata India Innovation Fund offers a unique investment opportunity that focuses on innovative Indian companies. This fund is primarily designed to capture growth in the sectors driven by creativity, cutting-edge technology, and advancement across industries.
Tata India Innovation Fund is opening for subscription on November 11, 2024, and the last date to subscribe is November 25, 2024.
Aditya Birla Sun Life BSE India Infrastructure Index Fund
The Aditya Birla Sun Life BSE India Infrastructure Index Fund mainly targets the Indian infrastructure sector, which provides a different investment opportunity for the growth of infrastructure development of the country.
This fund will be open for subscription on November 11, 2024, and the last date to subscribe is November 25, 2024.
Samco Arbitrage Fund
The Samco Arbitrage Fund provides a different investment strategy that focuses on generating returns from the price differences between the cash and derivative segments of the market. For creating a great portfolio, this fund is a better choice for a potentially steady return option and low risk.
The subscription date of this fund is open from November 11, 2024, and the last date to subscribe is November 20, 2024.
UTI Nifty Alpha Low – Volatility 30 Index Fund
The UTI Nifty Alpha Low-Volatility 30 Index Fund is a mutual fund that aims to recreate the performance of the Nifty Alpha Low-Volatility 30 Index, which has 30 stocks from the Nifty 100 Index that are selected on the basis of alpha and low volatility characteristics.
The subscription date of this Index Fund is open from November 11, 2024, and the last date to subscribe is November 25, 2024.
UTI Nifty Midcap 150 Index Fund
The UTI Nifty Midcap 150 Index Fund offers a different investment opportunity in a wide range of mid-cap stocks and is primarily focused on potential growth and capital appreciation.
The subscription date of this Index Fund will be open from November 11, 2024, and the last date to subscribe is November 25, 2024.
Nippon India Nifty Realty Index Fund
The Nippon India Nifty Realty Index Fund provides exposure to the Nifty Reality Index and mainly focuses on the top companies in the real estate sector.
The subscription date of the Nippon India Nifty Realty Index Fund will be open from November 14, 2024, and the last date to subscribe is November 28, 2024.
Nippon India Nifty Auto Index Fund
This fund provides an exciting investment opportunity in the top-performing stocks of the auto sector for growth in India’s rapidly expanding automotive industry.
The subscription date of Nippon India Nifty Auto Index Fund is open from November 14, 2024, and the last date to subscribe is November 28, 2024.
