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 37 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 23 Sep 2026.
Showing
37
Equity NFOs
37
Debt NFOs
0
Other NFOs
0
Launch Period
Fund Type
Plan Type
Star Rating
Fund House (AMC)
37 NFOs found
| Fund Name | Category | Launched | NAV | 1Y Return | Expense | AUM (Cr) |
|---|---|---|---|---|---|---|
|
quant Flexi Cap Fund - IDCW Option - Re... Quantum Mutual Fund |
Equity
Flexi Cap |
10 Sep 2026 1m ago |
₹9.96 |
+12.44% |
1.05% |
₹7,262 |
|
quant Flexi Cap Fund - Growth Option - ... Quantum Mutual Fund |
Equity
Flexi Cap |
10 Sep 2026 1m ago |
₹9.96 |
+12.44% |
1.05% |
₹7,262 |
|
quant Flexi Cap Fund - IDCW Option - Di... Quantum Mutual Fund |
Equity
Flexi Cap |
10 Sep 2026 1m ago |
₹9.96 |
+13.72% |
1.05% |
₹7,262 |
|
Edelweiss MSCI India Domestic & World H... Edelweiss Mutual Fund |
Equity
Sectoral |
07 Sep 2026 1m ago |
₹10.04 |
+9.45% |
0.59% |
₹1,541 |
|
Edelweiss MSCI India Domestic & World H... Edelweiss Mutual Fund |
Equity
Sectoral |
07 Sep 2026 1m ago |
₹10.04 |
+9.32% |
0.59% |
₹1,541 |
|
Edelweiss MSCI India Domestic & World H... Edelweiss Mutual Fund |
Equity
Sectoral |
07 Sep 2026 1m ago |
₹10.04 |
+9.32% |
0.59% |
₹1,541 |
|
Kotak Quality Overseas Equity Omni FOF ... Kotak Mahindra Mutual Fund |
Equity
Flexi Cap |
24 Aug 2026 1m ago |
₹9.85 |
+6.04% |
0.1205% |
₹563 |
|
Kotak Quality Overseas Equity Omni FOF ... Kotak Mahindra Mutual Fund |
Equity
Flexi Cap |
24 Aug 2026 1m ago |
₹9.85 |
+4.14% |
0.1205% |
₹563 |
|
Kotak Quality Overseas Equity Omni FOF ... Kotak Mahindra Mutual Fund |
Equity
Flexi Cap |
24 Aug 2026 1m ago |
₹9.85 |
+6.04% |
0.1205% |
₹563 |
|
Kotak Quality Overseas Equity Omni FOF ... Kotak Mahindra Mutual Fund |
Equity
Flexi Cap |
24 Aug 2026 1m ago |
₹9.84 |
+4.14% |
0.1205% |
₹563 |
|
Mirae Asset Midcap Fund Direct IDCW Mirae Asset Mutual Fund |
Equity
Mid Cap Fund |
23 Jul 2026 2m ago |
₹10.49 |
+2.1% |
0.36% |
₹20 |
|
Motilal Oswal BSE Clean Environment Ind... Motilal Oswal Mutual Fund |
Equity
Thematic |
25 Jun 2026 3m ago |
₹9.27 |
— |
1.27% |
₹42 |
|
Motilal Oswal BSE Clean Environment Ind... Motilal Oswal Mutual Fund |
Equity
Thematic |
25 Jun 2026 3m ago |
₹9.27 |
— |
1.27% |
₹42 |
|
Kotak Low Duration Fund- Regular Plan-S... Kotak Mahindra Mutual Fund |
Equity
Large & MidCap |
17 Jun 2026 3m ago |
₹9.84 |
-0.94% |
1.2678% |
₹7 |
|
Groww Nifty Smallcap 250 Momentum Quali... Groww Mutual Fund |
Equity
Small Cap |
17 Jun 2026 3m ago |
₹10.57 |
— |
1.77% |
₹7 |
|
Kotak Nifty Alpha Low Volatility 30 Ind... Kotak Mahindra Mutual Fund |
Equity
Large & MidCap |
17 Jun 2026 3m ago |
₹10.25 |
— |
1.946% |
₹7 |
|
The Wealth Company Large & Mid Cap Fund... The Wealth Company Mutual Fund |
Equity
Large & MidCap |
10 Jun 2026 4m ago |
₹10.48 |
— |
2.39% |
₹102 |
|
DSP Nifty Private Bank Index Fund - Reg... DSP Mutual Fund |
Equity
Sectoral |
27 May 2026 4m ago |
₹10.17 |
-0.14% |
1.26% |
₹6 |
|
Groww Nifty Private Bank Index Fund Reg... Groww Mutual Fund |
Equity
Sectoral |
27 May 2026 4m ago |
₹10.17 |
— |
1.26% |
₹6 |
|
Groww Nifty Private Bank Index Fund Dir... Groww Mutual Fund |
Equity
Sectoral |
27 May 2026 4m ago |
₹10.19 |
— |
1.26% |
₹6 |
|
Groww Nifty Private Bank Index Fund Dir... Groww Mutual Fund |
Equity
Sectoral |
27 May 2026 4m ago |
₹10.19 |
— |
1.26% |
₹6 |
|
Groww Nifty Private Bank Index Fund Reg... Groww Mutual Fund |
Equity
Sectoral |
27 May 2026 4m ago |
₹10.19 |
— |
1.26% |
₹6 |
|
Axis Nifty Capital Markets Index Fund- ... Axis Mutual Fund |
Equity
Thematic |
20 May 2026 4m ago |
₹9.52 |
— |
0.88% |
₹125 |
|
Axis Nifty Capital Markets Index Fund- ... Axis Mutual Fund |
Equity
Thematic |
20 May 2026 4m ago |
₹9.52 |
— |
0.88% |
₹125 |
|
Invesco India BSE Sensex Index Fund - R... Invesco Mutual Fund |
Equity
Large Cap |
13 May 2026 5m ago |
₹9.77 |
— |
0.78% |
₹21 |
|
Invesco India BSE Sensex Index Fund - D... Invesco Mutual Fund |
Equity
Large Cap |
13 May 2026 5m ago |
₹9.77 |
— |
0.78% |
₹21 |
|
Invesco India Nifty 50 Exchange Traded ... Invesco Mutual Fund |
Equity
Sectoral |
13 May 2026 5m ago |
₹10.39 |
-90.72% |
0.68% |
₹34 |
|
Tata S&P BSE Sensex Index Fund -Regular... Tata Mutual Fund |
Equity
Large Cap |
13 May 2026 5m ago |
₹10.11 |
-3.37% |
0.86% |
₹17 |
|
Invesco India Nifty Bank Index Fund - D... Invesco Mutual Fund |
Equity
Sectoral |
13 May 2026 5m ago |
₹10.45 |
— |
0.68% |
₹34 |
|
Invesco India Nifty Bank Index Fund - R... Invesco Mutual Fund |
Equity
Sectoral |
13 May 2026 5m ago |
₹10.42 |
— |
0.67% |
₹34 |
|
Axis Nifty India Defence Index Fund - R... Axis Mutual Fund |
Equity
Thematic |
29 Apr 2026 5m ago |
₹10.37 |
— |
0.69% |
₹346 |
|
Axis Nifty India Defence Index Fund - D... Axis Mutual Fund |
Equity
Thematic |
29 Apr 2026 5m ago |
₹10.37 |
— |
0.69% |
₹346 |
|
JioBlackRock Large Cap Fund - Direct Pl... JioBlackRock Mutual Fund |
Equity
Large Cap |
10 Apr 2026 6m ago |
₹9.80 |
— |
1.38% |
₹45 |
|
Zerodha Nifty MidSmallcap400 50:50 Inde... Zerodha Mutual Fund |
Equity
Mid Cap |
09 Apr 2026 6m ago |
₹11.40 |
— |
0.88% |
₹17 |
|
Choice Nifty Next 50 Index Fund - Direc... Choice Mutual Fund |
Equity
Large Cap |
07 Apr 2026 6m ago |
₹11.20 |
— |
0.75% |
₹20 |
|
Choice Nifty Next 50 Index Fund - Regul... Choice Mutual Fund |
Equity
Large Cap |
07 Apr 2026 6m ago |
₹11.35 |
— |
0.75% |
₹19 |
|
Choice Nifty 50 Index Fund - Regular Pl... Choice Mutual Fund |
Equity
Large Cap |
07 Apr 2026 6m ago |
₹11.20 |
— |
0.75% |
₹20 |
quant Flexi Cap Fund - IDCW Option ...
Quantum Mutual Fund
Launched
Sep 2026
NAV
₹9.96
1Y Return
+12.44%
quant Flexi Cap Fund - Growth Optio...
Quantum Mutual Fund
Launched
Sep 2026
NAV
₹9.96
1Y Return
+12.44%
quant Flexi Cap Fund - IDCW Option ...
Quantum Mutual Fund
Launched
Sep 2026
NAV
₹9.96
1Y Return
+13.72%
Edelweiss MSCI India Domestic & Wor...
Edelweiss Mutual Fund
Launched
Sep 2026
NAV
₹10.04
1Y Return
+9.45%
Edelweiss MSCI India Domestic & Wor...
Edelweiss Mutual Fund
Launched
Sep 2026
NAV
₹10.04
1Y Return
+9.32%
Edelweiss MSCI India Domestic & Wor...
Edelweiss Mutual Fund
Launched
Sep 2026
NAV
₹10.04
1Y Return
+9.32%
Kotak Quality Overseas Equity Omni ...
Kotak Mahindra Mutual Fund
Launched
Aug 2026
NAV
₹9.85
1Y Return
+6.04%
Kotak Quality Overseas Equity Omni ...
Kotak Mahindra Mutual Fund
Launched
Aug 2026
NAV
₹9.85
1Y Return
+4.14%
Kotak Quality Overseas Equity Omni ...
Kotak Mahindra Mutual Fund
Launched
Aug 2026
NAV
₹9.85
1Y Return
+6.04%
Kotak Quality Overseas Equity Omni ...
Kotak Mahindra Mutual Fund
Launched
Aug 2026
NAV
₹9.84
1Y Return
+4.14%
Mirae Asset Midcap Fund Direct IDCW
Mirae Asset Mutual Fund
Launched
Jul 2026
NAV
₹10.49
1Y Return
+2.1%
Motilal Oswal BSE Clean Environment...
Motilal Oswal Mutual Fund
Launched
Jun 2026
NAV
₹9.27
1Y Return
—
Motilal Oswal BSE Clean Environment...
Motilal Oswal Mutual Fund
Launched
Jun 2026
NAV
₹9.27
1Y Return
—
Kotak Low Duration Fund- Regular Pl...
Kotak Mahindra Mutual Fund
Launched
Jun 2026
NAV
₹9.84
1Y Return
-0.94%
Groww Nifty Smallcap 250 Momentum Q...
Groww Mutual Fund
Launched
Jun 2026
NAV
₹10.57
1Y Return
—
Kotak Nifty Alpha Low Volatility 30...
Kotak Mahindra Mutual Fund
Launched
Jun 2026
NAV
₹10.25
1Y Return
—
The Wealth Company Large & Mid Cap ...
The Wealth Company Mutual Fund
Launched
Jun 2026
NAV
₹10.48
1Y Return
—
DSP Nifty Private Bank Index Fund -...
DSP Mutual Fund
Launched
May 2026
NAV
₹10.17
1Y Return
-0.14%
Groww Nifty Private Bank Index Fund...
Groww Mutual Fund
Launched
May 2026
NAV
₹10.17
1Y Return
—
Groww Nifty Private Bank Index Fund...
Groww Mutual Fund
Launched
May 2026
NAV
₹10.19
1Y Return
—
Groww Nifty Private Bank Index Fund...
Groww Mutual Fund
Launched
May 2026
NAV
₹10.19
1Y Return
—
Groww Nifty Private Bank Index Fund...
Groww Mutual Fund
Launched
May 2026
NAV
₹10.19
1Y Return
—
Axis Nifty Capital Markets Index Fu...
Axis Mutual Fund
Launched
May 2026
NAV
₹9.52
1Y Return
—
Axis Nifty Capital Markets Index Fu...
Axis Mutual Fund
Launched
May 2026
NAV
₹9.52
1Y Return
—
Invesco India BSE Sensex Index Fund...
Invesco Mutual Fund
Launched
May 2026
NAV
₹9.77
1Y Return
—
Invesco India BSE Sensex Index Fund...
Invesco Mutual Fund
Launched
May 2026
NAV
₹9.77
1Y Return
—
Invesco India Nifty 50 Exchange Tra...
Invesco Mutual Fund
Launched
May 2026
NAV
₹10.39
1Y Return
-90.72%
Tata S&P BSE Sensex Index Fund -Reg...
Tata Mutual Fund
Launched
May 2026
NAV
₹10.11
1Y Return
-3.37%
Invesco India Nifty Bank Index Fund...
Invesco Mutual Fund
Launched
May 2026
NAV
₹10.45
1Y Return
—
Invesco India Nifty Bank Index Fund...
Invesco Mutual Fund
Launched
May 2026
NAV
₹10.42
1Y Return
—
Axis Nifty India Defence Index Fund...
Axis Mutual Fund
Launched
Apr 2026
NAV
₹10.37
1Y Return
—
Axis Nifty India Defence Index Fund...
Axis Mutual Fund
Launched
Apr 2026
NAV
₹10.37
1Y Return
—
JioBlackRock Large Cap Fund - Direc...
JioBlackRock Mutual Fund
Launched
Apr 2026
NAV
₹9.80
1Y Return
—
Zerodha Nifty MidSmallcap400 50:50 ...
Zerodha Mutual Fund
Launched
Apr 2026
NAV
₹11.40
1Y Return
—
Choice Nifty Next 50 Index Fund - D...
Choice Mutual Fund
Launched
Apr 2026
NAV
₹11.20
1Y Return
—
Choice Nifty Next 50 Index Fund - R...
Choice Mutual Fund
Launched
Apr 2026
NAV
₹11.35
1Y Return
—
Choice Nifty 50 Index Fund - Regula...
Choice Mutual Fund
Launched
Apr 2026
NAV
₹11.20
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.