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Mutual Fund Update: List of NFOs open for subscription

Siddhi Sharma
/ Categories: Trending, Mutual Fund, MF NFO
Mutual Fund Update: List of NFOs open for subscription

This week there are seven mutual funds open for subscription. There are six open-ended schemes and one closed-ended scheme. Out of six open-ended schemes, there are two Fund of Funds and two ETF schemes. And the closed-ended scheme is Fixed Maturity Plans. However, following mutual fund schemes does not assure that the investment objective of the scheme will be achieved.  

Following table depicts the list of NFOs: 

Scheme Name

Type

Category

Open Date

Closing Date

Minimum Subscription Amount

Axis Value Fund

 

Open-ended

Equity scheme-Value Fund

2 September 2021

16 September 2021

Rs.5000

Axis ConsumptionETF

 

Open-ended

Other Scheme-Other ETFs

30 August 2021

13 September 2021

Rs.5000

HSBC Mid Cap Fund

 

Open-ended

Equity Scheme-Mid Cap Fund

6 September 2021

20 September 2021

Rs.5000

ICICI Prudential Alpha Low Vol 30 ETF FOF

 

Open-ended

Other Scheme-FoF Domestic

1 September 2021

15 September 2021

Rs.1000

Mirae Asset S&P 500 Top 50 ETF

 

Open-ended

Other Scheme-Other ETFs

1 September 2021

14 September 2021

Rs.5000

Mirae Asset S&P 500 Top 50 ETF Fund of Fund

 

Open-ended

Other Scheme-FoF Domestic

1 September 2021

15 September 2021

Rs.5000

Nippon India Fixed Horizon Fund - XLIII - Series 2

 

Closed-ended

Income

3 September 2021

7 September 2021

Rs.5000
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