New Fund Offerings 2026
Mutual funds launched recently — compare NAV, expense ratio, AUM and category
Quick Summary
- An NFO (New Fund Offering) is a new mutual fund scheme's first subscription window, sold at a fixed ₹10 unit price before it starts trading at NAV.
- This page is for investors comparing 32 funds launched in the last 12 months by category, fund house, and NAV.
- For example: an Equity NFO and an existing 5-year Equity fund both invest in stocks, but only the existing fund has a real performance history to check before you invest.
Fund data last refreshed 25 Sep 2026.
Showing
32
Equity NFOs
0
Debt NFOs
32
Other NFOs
0
Launch Period
Fund Type
Plan Type
Star Rating
Fund House (AMC)
32 NFOs found
| Fund Name | Category | Launched | NAV | 1Y Return | Expense | AUM (Cr) |
|---|---|---|---|---|---|---|
|
Franklin India Short Term Income Plan -... Franklin Templeton Mutual Fund |
Debt
Short Duration |
12 Aug 2026 2m ago |
₹10.05 |
+192.1% |
0.37% |
₹263 |
|
Franklin India Short Term Income Plan -... Franklin Templeton Mutual Fund |
Debt
Short Duration |
12 Aug 2026 2m ago |
₹10.06 |
+192.1% |
0.37% |
₹263 |
|
Franklin India Short Term Income Plan -... Franklin Templeton Mutual Fund |
Debt
Short Duration |
12 Aug 2026 2m ago |
₹10.06 |
+192.1% |
0.37% |
₹263 |
|
Franklin India Short Term Income Plan -... Franklin Templeton Mutual Fund |
Debt
Short Duration |
12 Aug 2026 2m ago |
₹10.06 |
+192.1% |
0.37% |
₹263 |
|
Franklin India Short Term Income Plan -... Franklin Templeton Mutual Fund |
Debt
Short Duration |
12 Aug 2026 2m ago |
₹10.06 |
+192.1% |
0.37% |
₹263 |
|
SBI NIFTY G-SEC JUL 2031 INDEX FUND - D... SBI Mutual Fund |
Debt
Target Maturity |
26 May 2026 4m ago |
₹10.24 |
+6.46% |
0.2% |
₹17 |
|
SBI CRISIL-IBX 10:90 GLIT + SDL INDEX D... SBI Mutual Fund |
Debt
Target Maturity |
26 May 2026 4m ago |
₹10.26 |
— |
0.21% |
₹43 |
|
SBI CRISIL-IBX 10:90 GILT + SDL INDEX D... SBI Mutual Fund |
Debt
Target Maturity |
26 May 2026 4m ago |
₹10.26 |
— |
0.21% |
₹43 |
|
SBI NIFTY G-SEC JUL 2031 INDEX FUND - D... SBI Mutual Fund |
Debt
Target Maturity |
26 May 2026 4m ago |
₹10.25 |
— |
0.2% |
₹17 |
|
SBI CRISIL - IBX Financial Services 9-1... SBI Mutual Fund |
Debt
Low Duration |
21 Apr 2026 5m ago |
₹10.28 |
— |
0.13% |
₹367 |
|
SBI CRISIL - IBX Financial Services 9-1... SBI Mutual Fund |
Debt
Low Duration |
21 Apr 2026 5m ago |
₹10.28 |
— |
0.13% |
₹367 |
|
SBI CRISIL - IBX Financial Services 3-6... SBI Mutual Fund |
Debt
Ultra Short Dur... |
21 Apr 2026 5m ago |
₹10.26 |
— |
0.14% |
₹790 |
|
SBI CRISIL - IBX Financial Services 3-6... SBI Mutual Fund |
Debt
Ultra Short Dur... |
21 Apr 2026 5m ago |
₹10.26 |
— |
0.14% |
₹790 |
|
HDFC CRISIL-IBX Financial Services 9-12... HDFC Mutual Fund |
Debt
Low Duration |
24 Mar 2026 6m ago |
₹10.38 |
— |
0.13% |
₹958 |
|
Nippon India CRISIL-IBX Financial Servi... Nippon India Mutual Fund |
Debt
Ultra Short Dur... |
12 Mar 2026 7m ago |
₹10.37 |
— |
0.1% |
₹356 |
|
Nippon India CRISIL-IBX Financial Servi... Nippon India Mutual Fund |
Debt
Ultra Short Dur... |
12 Mar 2026 7m ago |
₹10.37 |
— |
0.1% |
₹356 |
|
Nippon India CRISIL-IBX Financial Servi... Nippon India Mutual Fund |
Debt
Low Duration |
02 Mar 2026 7m ago |
₹10.39 |
— |
0.12% |
₹535 |
|
Nippon India CRISIL-IBX Financial Servi... Nippon India Mutual Fund |
Debt
Low Duration |
02 Mar 2026 7m ago |
₹10.38 |
— |
0.12% |
₹535 |
|
JioBlackRock Short Duration Fund - Dire... JioBlackRock Mutual Fund |
Debt
Short Duration |
19 Jan 2026 8m ago |
₹1039.24 |
— |
0.36% |
₹112 |
|
Zerodha Nifty Short Duration G-Sec Inde... Zerodha Mutual Fund |
Debt
Short Duration |
14 Jan 2026 9m ago |
₹1028.41 |
— |
0.22% |
₹25 |
|
Bandhan Short Duration Fund - Direct Pl... Bandhan Mutual Fund |
Debt
Short Duration |
14 Jan 2026 9m ago |
₹1029.17 |
+6.49% |
0.22% |
₹25 |
|
Sundaram Money Market Fund Direct Plan ... Sundaram Mutual Fund |
Debt
Money Market Fund |
12 Jan 2026 9m ago |
₹10.40 |
+0.36% |
0.37% |
₹71 |
|
Sundaram Money Market Fund Direct Plan-... Sundaram Mutual Fund |
Debt
Money Market Fund |
12 Jan 2026 9m ago |
₹10.40 |
+4.67% |
0.37% |
₹71 |
|
Sundaram Money Market Fund Direct Plan ... Sundaram Mutual Fund |
Debt
Money Market Fund |
12 Jan 2026 9m ago |
₹10.40 |
+0.36% |
0.37% |
₹71 |
|
Abakkus Liquid Fund - Direct Plan - Growth Abakkus Mutual Fund |
Debt
Liquid |
15 Dec 2025 10m ago |
₹104.55 |
— |
0.23% |
₹559 |
|
Capitalmind Liquid Fund - Direct-Growth Capitalmind Mutual Fund |
Debt
Liquid |
28 Nov 2025 10m ago |
₹1053.97 |
— |
0.11% |
₹98 |
|
Groww Money Market Fund Direct IDCW Groww Mutual Fund |
Debt
Money Market |
19 Nov 2025 10m ago |
₹10.50 |
— |
0.25% |
₹62 |
|
Groww Money Market Fund Direct Growth Groww Mutual Fund |
Debt
Money Market |
19 Nov 2025 10m ago |
₹10.48 |
— |
0.25% |
₹62 |
|
THE WEALTH COMPANY LIQUID FUND DIRECT M... The Wealth Company Mutual Fund |
Debt
Liquid |
14 Oct 2025 12m ago |
₹1061.46 |
— |
0.1% |
₹818 |
|
THE WEALTH COMPANY LIQUID FUND DIRECT W... The Wealth Company Mutual Fund |
Debt
Liquid |
14 Oct 2025 12m ago |
₹1061.46 |
— |
0.1% |
₹818 |
|
THE WEALTH COMPANY LIQUID FUND DIRECT D... The Wealth Company Mutual Fund |
Debt
Liquid |
14 Oct 2025 12m ago |
₹1061.46 |
— |
0.1% |
₹818 |
|
THE WEALTH COMPANY LIQUID FUND DIRECT G... The Wealth Company Mutual Fund |
Debt
Liquid |
14 Oct 2025 12m ago |
₹1061.46 |
— |
0.1% |
₹818 |
Franklin India Short Term Income Pl...
Franklin Templeton Mutual Fund
Launched
Aug 2026
NAV
₹10.05
1Y Return
+192.1%
Franklin India Short Term Income Pl...
Franklin Templeton Mutual Fund
Launched
Aug 2026
NAV
₹10.06
1Y Return
+192.1%
Franklin India Short Term Income Pl...
Franklin Templeton Mutual Fund
Launched
Aug 2026
NAV
₹10.06
1Y Return
+192.1%
Franklin India Short Term Income Pl...
Franklin Templeton Mutual Fund
Launched
Aug 2026
NAV
₹10.06
1Y Return
+192.1%
Franklin India Short Term Income Pl...
Franklin Templeton Mutual Fund
Launched
Aug 2026
NAV
₹10.06
1Y Return
+192.1%
SBI NIFTY G-SEC JUL 2031 INDEX FUND...
SBI Mutual Fund
Launched
May 2026
NAV
₹10.24
1Y Return
+6.46%
SBI CRISIL-IBX 10:90 GLIT + SDL IND...
SBI Mutual Fund
Launched
May 2026
NAV
₹10.26
1Y Return
—
SBI CRISIL-IBX 10:90 GILT + SDL IND...
SBI Mutual Fund
Launched
May 2026
NAV
₹10.26
1Y Return
—
SBI NIFTY G-SEC JUL 2031 INDEX FUND...
SBI Mutual Fund
Launched
May 2026
NAV
₹10.25
1Y Return
—
SBI CRISIL - IBX Financial Services...
SBI Mutual Fund
Launched
Apr 2026
NAV
₹10.28
1Y Return
—
SBI CRISIL - IBX Financial Services...
SBI Mutual Fund
Launched
Apr 2026
NAV
₹10.28
1Y Return
—
SBI CRISIL - IBX Financial Services...
SBI Mutual Fund
Launched
Apr 2026
NAV
₹10.26
1Y Return
—
SBI CRISIL - IBX Financial Services...
SBI Mutual Fund
Launched
Apr 2026
NAV
₹10.26
1Y Return
—
HDFC CRISIL-IBX Financial Services ...
HDFC Mutual Fund
Launched
Mar 2026
NAV
₹10.38
1Y Return
—
Nippon India CRISIL-IBX Financial S...
Nippon India Mutual Fund
Launched
Mar 2026
NAV
₹10.37
1Y Return
—
Nippon India CRISIL-IBX Financial S...
Nippon India Mutual Fund
Launched
Mar 2026
NAV
₹10.37
1Y Return
—
Nippon India CRISIL-IBX Financial S...
Nippon India Mutual Fund
Launched
Mar 2026
NAV
₹10.39
1Y Return
—
Nippon India CRISIL-IBX Financial S...
Nippon India Mutual Fund
Launched
Mar 2026
NAV
₹10.38
1Y Return
—
JioBlackRock Short Duration Fund - ...
JioBlackRock Mutual Fund
Launched
Jan 2026
NAV
₹1039.24
1Y Return
—
Zerodha Nifty Short Duration G-Sec ...
Zerodha Mutual Fund
Launched
Jan 2026
NAV
₹1028.41
1Y Return
—
Bandhan Short Duration Fund - Direc...
Bandhan Mutual Fund
Launched
Jan 2026
NAV
₹1029.17
1Y Return
+6.49%
Sundaram Money Market Fund Direct P...
Sundaram Mutual Fund
Launched
Jan 2026
NAV
₹10.40
1Y Return
+0.36%
Sundaram Money Market Fund Direct P...
Sundaram Mutual Fund
Launched
Jan 2026
NAV
₹10.40
1Y Return
+4.67%
Sundaram Money Market Fund Direct P...
Sundaram Mutual Fund
Launched
Jan 2026
NAV
₹10.40
1Y Return
+0.36%
Abakkus Liquid Fund - Direct Plan -...
Abakkus Mutual Fund
Launched
Dec 2025
NAV
₹104.55
1Y Return
—
Capitalmind Liquid Fund - Direct-Gr...
Capitalmind Mutual Fund
Launched
Nov 2025
NAV
₹1053.97
1Y Return
—
Groww Money Market Fund Direct IDCW
Groww Mutual Fund
Launched
Nov 2025
NAV
₹10.50
1Y Return
—
Groww Money Market Fund Direct Growth
Groww Mutual Fund
Launched
Nov 2025
NAV
₹10.48
1Y Return
—
THE WEALTH COMPANY LIQUID FUND DIRE...
The Wealth Company Mutual Fund
Launched
Oct 2025
NAV
₹1061.46
1Y Return
—
THE WEALTH COMPANY LIQUID FUND DIRE...
The Wealth Company Mutual Fund
Launched
Oct 2025
NAV
₹1061.46
1Y Return
—
THE WEALTH COMPANY LIQUID FUND DIRE...
The Wealth Company Mutual Fund
Launched
Oct 2025
NAV
₹1061.46
1Y Return
—
THE WEALTH COMPANY LIQUID FUND DIRE...
The Wealth Company Mutual Fund
Launched
Oct 2025
NAV
₹1061.46
1Y Return
—
How NFO Investing Works
- The fund house files an offer document and the NFO opens for a fixed subscription window, typically 2-3 weeks.
- Units are sold at a flat ₹10 face value, regardless of demand — unlike an IPO, there's no price discovery or grey market premium.
- Once the NFO closes, the fund allots units and starts investing the pooled money per its stated strategy.
- The fund then begins trading at NAV (Net Asset Value), which moves daily with the value of its underlying holdings.
Source: NFO structure and timelines follow SEBI mutual fund regulations and AMFI scheme categorization norms.
Frequently Asked Questions About NFOs
What is an NFO in mutual funds?
NFO (New Fund Offering) is the first subscription offer for a new mutual fund scheme. During NFO, units are available at a fixed price (usually ₹10). After the NFO period closes, the fund begins trading at NAV-based prices.
Should I invest in an NFO?
NFOs don't have a track record, making them riskier than established funds. Unless the NFO offers a unique strategy not available in existing funds, most investors are better off with proven existing funds with a 5+ year track record.
How is NFO different from IPO?
IPO is for company stocks — you get shares of a company. NFO is for mutual fund units — you invest in a fund that pools money and invests in stocks/bonds. NFOs are lower risk than IPOs but have no GMP or listing gains.
Who should consider investing in an NFO?
NFOs mainly suit investors who want early access to a genuinely new strategy — a new index, sector, or asset mix not already available — and who are comfortable investing without a performance history to check first.