May 22, 2025

9 mutual fund NFOs are open for subscription now

Surbhi Khanna, ET Online

Fund debuts

Nine mutual fund NFOs are open for subscription now. Fund houses diversify portfolios with new mutual fund launches (Source: ACE MF)

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Category spread

These nine funds are from six different categories. Three index funds, two fund of funds (Domestic), a flexi cap, multi asset allocation, sectoral fund, and an ETF are open for subscription.

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Index funds

ICICI Pru Nifty200 Quality 30 Index Fund and Nippon India BSE Sensex Next 30 Index Fund will close on June 4. SBI Nifty200 Quality 30 Index Fund will close on May 29.

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Fund of funds (Domestic)

Baroda BNP Paribas Multi Asset Active FoF and Union Income Plus Arbitrage Active FOF will close on May 26 and June 5 respectively.

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Flexi cap fund

Unifi Flexi Cap Fund, a fund from Unifi Mutual Fund which is a new entrant in the mutual fund industry, will close on May 30.

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Multi Asset Allocation

Canara Rob Multi Asset Allocation Fund, the only multi asset allocation fund, will close for subscription on May 23.

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Sectoral fund

Motilal Oswal Services Fund, a sectoral fund based on the services sector, will close for subscription on June 3.

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ETFs

Nippon India BSE Sensex Next 30 ETF is open for subscription and will close on June 4.

Image Source: ETMarkets.com

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