Analysis of Groww Nifty India Defence ETF and 9 Other Mutual Fund NFOs Opening Soon
Overview of New Fund Offers
This week, around 10 mutual fund (MF) NFOs will open for subscription, enriching the investment landscape. These funds span eight distinct categories, appealing to a variety of investor preferences.
Featured NFOs
- Tata Nifty200 Alpha 30 Index Fund: Open for subscription until September 2, requires a minimum investment of Rs 5,000.
- Franklin India Ultra Short Duration Fund: NFO closing on August 28, minimum Rs 5,000 for new purchases.
- Union Multi Asset Allocation Fund: Subscription opens on August 20 and closes on September 3, with a minimum of Rs 1,000.
- Nippon India Nifty 500 Equal Weight Index Fund: Open from August 21 to September 4, minimum Rs 1,000.
- ITI Large & Mid Cap Fund: NFO open from August 21 to September 4, minimum Rs 5,000.
- Bandhan BSE Healthcare Index Fund: Subscription available from August 21 to September 3, minimum Rs 1,000.
- Baroda BNP Paribas Dividend Yield Fund: Closing subscription on September 5, minimum Rs 1,000.
- Groww Nifty India Defence ETF: Open from August 22 to September 5, minimum investment of Rs 500.
- PGIM India Multi Cap Fund: Subscription opens August 22 and ends September 5, minimum investment Rs 5,000.
- Axis Consumption Fund: Available from August 23 to September 6, minimum Rs 100.
Investment Potential
As market dynamics evolve, these NFOs present timely opportunities for investors looking to diversify their portfolios. Be sure to assess your financial goals and risk appetite when considering these new offerings.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.