New Mutual Funds and SIF Open for Subscription: Key Details and Dates
NFOs : 5 mutual funds and 1 SIF are open for subscription. Check dates and key details
The Economic Times
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Five new mutual funds and one Special Investment Fund (SIF) are currently open for subscription. The offerings include four index funds and one large cap fund, with varying minimum investment amounts and closing dates from April 2 to April 16.
- 01Five new mutual funds and one SIF are available for subscription.
- 02Four funds are index funds, while one is a large cap fund.
- 03Minimum investments range from ₹100 to ₹10 lakh.
- 04Closing dates for subscriptions vary from April 2 to April 16.
- 05Investors should check the specific details for each fund.
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Currently, five new mutual funds and one Special Investment Fund (SIF) are open for subscription, providing a variety of investment options for potential investors. Among these, four are index funds, specifically the Choice Nifty 50 Index Fund and Choice Nifty Next 50 Index Fund from Choice Mutual Fund, which will close on April 2 with a minimum investment of ₹1,000 each. Additionally, Zerodha Mutual Fund offers the Zerodha Nifty MidSmallcap400 50:50 Index Fund and the Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund, closing on April 6 and April 15, respectively, with a minimum investment of ₹100 each. The JioBlackRock Large Cap Fund will close on April 7, requiring a minimum investment of ₹500. Lastly, the Qsif Active Asset Allocator Long-Short Fund from Quant Mutual Fund will be available until April 16, with a minimum investment of ₹10 lakh.
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These new mutual funds provide investors with diverse options to grow their investments, catering to different risk appetites and investment strategies.
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