MF Update: Upcoming NFOs

As of now, there is only one fund that is open for subscription. However, there are funds that have filed the draft offer document with the Securities & Exchange Board of India (SEBI). Below is the list of funds that are waiting for SEBI’s approval. Kindly click on the respective fund names to access their draft scheme information document (SID).

The above table shows you the list of funds that have filed their draft SID with SEBI in the month of March 2021 but still awaiting its approval. We can see that most of the funds are from Kotak Mutual Fund and ICICI Prudential Mutual Fund. Moreover, it seems that the fund houses are betting more on passive investments with a lot of them either getting launched or still in the pipeline.