Investing in New Fund Offers (NFOs) can be an attractive opportunity for investors looking to diversify their portfolios and tap into emerging market trends. NFOs, which are essentially mutual funds making their debut in the market, present a chance to invest in a fund from the very beginning, often at a lower price.
However, like any investment, NFOs come with their own set of risks and rewards. In this blog, we’ll explore upcoming NFOs fortnightly.
| New Fund Offer | Open Date | Close Date | Min Investment (₹) |
|---|---|---|---|
| Union Short Duration Fund | 15-Jan | 28-Jan | 1,000 |
| SBI Nifty Bank Index Fund | 16-Jan | 27-Jan | 5,000 |
| Baroda BNP Paribas Energy Opportunities Fund | 21-Jan | 4-Feb | 1,000 |
| LIC MF Multi Asset Allocation Fund | 24-Jan | 7-Feb | 5,000 |
| Edelweiss Consumption Fund | 31-Jan | 14-Feb | 100 |
Union Short Duration Fund: Union Short Duration Fund is an actively managed scheme to provide reasonable returns and liquidity by investing in a range of debt and money market instruments while maintaining the balance of safety, liquidity and returns. There is no assurance that the investment objective of the Scheme will be achieved.
SBI Nifty Bank Index Fund: SBI Nifty Bank Index Fund will be launched to provide returns that correspond to the total returns of the securities as represented by the underlying index, subject to tracking error.
Baroda BNP Paribas Energy Opportunities Fund: This is an open-ended scheme that invests in energy-related companies. The fund aims to provide long-term capital appreciation.
LIC MF Multi Asset Allocation Fund: This scheme seeks to generate long term capital appreciation by investing in a diversified portfolio of equity & equity related instruments, debt & money market instruments and units of Gold Exchange Traded Funds (ETFs)
Edelweiss Consumption Fund: This thematic category scheme aims to achieve long-term capital growth by primarily investing in equity and equity-related securities, with an emphasis on companies involved in consumption and related sectors or allied industries.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Mutual Fund investments are subject to market risks, read all scheme-related documents carefully.
Published on: Jan 15, 2025, 2:27 PM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
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