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 53 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 24 Sep 2026.
Showing
53
Equity NFOs
0
Debt NFOs
0
Other NFOs
53
Launch Period
Fund Type
Plan Type
Star Rating
Fund House (AMC)
53 NFOs found
| Fund Name | Category | Launched | NAV | 1Y Return | Expense | AUM (Cr) |
|---|---|---|---|---|---|---|
|
NIPPON INDIA ARBITRAGE FUND - DIRECT Pl... Nippon India Mutual Fund |
Hybrid
Arbitrage Fund |
03 Sep 2026 1m ago |
₹10.01 |
+6.46% |
0.07% |
₹628 |
|
Nippon India Arbitrage Fund - Growth Pl... Nippon India Mutual Fund |
Hybrid
Arbitrage Fund |
03 Sep 2026 1m ago |
₹10.01 |
+5.73% |
0.07% |
₹628 |
|
NIPPON INDIA ARBITRAGE FUND - DIRECT Pl... Nippon India Mutual Fund |
Hybrid
Arbitrage Fund |
03 Sep 2026 1m ago |
₹10.01 |
+6.46% |
0.07% |
₹628 |
|
Mirae Asset Nifty200 Alpha 30 ETF Fund ... Mirae Asset Mutual Fund |
Hybrid
Aggressive Hybrid |
28 Jul 2026 2m ago |
₹10.18 |
+5.48% |
1.13% |
₹13 |
|
ICICI Prudential Multi-Asset Fund - Dir... ICICI Prudential Mutual Fund |
Hybrid
Multi Asset All... |
17 Jul 2026 2m ago |
₹10.08 |
+3.54% |
0.28% |
₹2,390 |
|
ICICI Prudential Multicap Fund - Growth ICICI Prudential Mutual Fund |
Hybrid
Multi Asset All... |
17 Jul 2026 2m ago |
₹10.10 |
+9.11% |
0.28% |
₹2,390 |
|
ICICI Prudential ELSS Tax Saver Fund - ... ICICI Prudential Mutual Fund |
Hybrid
Multi Asset All... |
17 Jul 2026 2m ago |
₹10.06 |
-6.48% |
0.28% |
₹2,390 |
|
ICICI Prudential Multicap Fund - Direct... ICICI Prudential Mutual Fund |
Hybrid
Multi Asset All... |
17 Jul 2026 2m ago |
₹10.10 |
+4.63% |
0.28% |
₹2,390 |
|
ICICI Prudential Multi-Asset Fund - IDCW ICICI Prudential Mutual Fund |
Hybrid
Multi Asset All... |
17 Jul 2026 2m ago |
₹10.15 |
+1.2% |
0.18% |
₹2,062 |
|
ICICI Prudential Multi-Asset Fund - Dir... ICICI Prudential Mutual Fund |
Hybrid
Multi Asset All... |
17 Jul 2026 2m ago |
₹10.08 |
+0.27% |
0.28% |
₹2,390 |
|
Axis Multi-Asset Active FoF - Direct Pl... Axis Mutual Fund |
Hybrid
Multi Asset All... |
17 Jul 2026 2m ago |
₹10.15 |
— |
0.18% |
₹2,062 |
|
ICICI Prudential Multicap Fund - Direct... ICICI Prudential Mutual Fund |
Hybrid
Multi Asset All... |
17 Jul 2026 2m ago |
₹9.99 |
+4.92% |
0.28% |
₹2,390 |
|
WhiteOak Capital Aggressive Hybrid Fund... WhiteOak Capital Mutual Fund |
Hybrid
Aggressive Hybrid |
30 Jun 2026 3m ago |
₹10.44 |
— |
1.37% |
₹435 |
|
Kotak Multi Asset Active FOF - Direct -... Kotak Mahindra Mutual Fund |
Hybrid
Multi Asset All... |
27 Apr 2026 5m ago |
₹10.32 |
— |
0.3422% |
₹75 |
|
Kotak Multi Asset Active FOF - Direct -... Kotak Mahindra Mutual Fund |
Hybrid
Multi Asset All... |
27 Apr 2026 5m ago |
₹10.32 |
— |
0.3422% |
₹75 |
|
Zerodha Nifty LargeMidcap250 Plus 8-13 ... Zerodha Mutual Fund |
Hybrid
Aggressive Hybrid |
20 Apr 2026 5m ago |
₹10.09 |
— |
0.85% |
₹13 |
|
Edelweiss Nifty LargeMidcap 250 Plus 8-... Edelweiss Mutual Fund |
Hybrid
Aggressive Hybrid |
07 Apr 2026 6m ago |
₹10.70 |
— |
0.6% |
₹57 |
|
Edelweiss Nifty LargeMidcap250 Plus 8-1... Edelweiss Mutual Fund |
Hybrid
Aggressive Hybrid |
07 Apr 2026 6m ago |
₹10.70 |
— |
0.6% |
₹57 |
|
Edelweiss NIFTY Large Midcap 250 Index ... Edelweiss Mutual Fund |
Hybrid
Aggressive Hybrid |
07 Apr 2026 6m ago |
₹10.70 |
-6.06% |
0.6% |
₹57 |
|
Edelweiss Nifty LargeMidcap250 Plus 8-1... Edelweiss Mutual Fund |
Hybrid
Aggressive Hybrid |
07 Apr 2026 6m ago |
₹10.70 |
— |
0.6% |
₹57 |
|
Helios Arbitrage Fund - Direct IDCW Helios Mutual Fund |
Hybrid
Arbitrage |
20 Mar 2026 6m ago |
₹10.31 |
— |
1.88% |
₹134 |
|
Helios Arbitrage Fund - Direct Growth Helios Mutual Fund |
Hybrid
Arbitrage |
20 Mar 2026 6m ago |
₹10.25 |
— |
1.88% |
₹105 |
|
Capitalmind Multi Asset Allocation Fund... Capitalmind Mutual Fund |
Hybrid
Multi Asset All... |
16 Mar 2026 7m ago |
₹10.07 |
— |
0.98% |
₹39 |
|
Capitalmind Arbitrage Fund-Direct-IDCW Capitalmind Mutual Fund |
Hybrid
Arbitrage |
16 Mar 2026 7m ago |
₹10.26 |
— |
1.15% |
₹22 |
|
Capitalmind Arbitrage Fund-Direct-Growth Capitalmind Mutual Fund |
Hybrid
Arbitrage |
16 Mar 2026 7m ago |
₹10.26 |
— |
1.15% |
₹22 |
|
Capitalmind Multi Asset Allocation Fund... Capitalmind Mutual Fund |
Hybrid
Multi Asset All... |
16 Mar 2026 7m ago |
₹10.07 |
— |
0.98% |
₹39 |
|
DSP Multi Asset Omni Fund of Funds - Di... DSP Mutual Fund |
Hybrid
Multi Asset All... |
25 Feb 2026 7m ago |
₹10.16 |
— |
0.51% |
₹859 |
|
DSP Multi Asset Omni Fund of Funds - Di... DSP Mutual Fund |
Hybrid
Multi Asset All... |
25 Feb 2026 7m ago |
₹10.16 |
— |
0.51% |
₹859 |
|
The Wealth Company Balanced Advantage F... The Wealth Company Mutual Fund |
Hybrid
Dynamic Asset A... |
16 Feb 2026 7m ago |
₹10.01 |
— |
1.33% |
₹48 |
|
The Wealth Company Balanced Advantage F... The Wealth Company Mutual Fund |
Hybrid
Dynamic Asset A... |
16 Feb 2026 7m ago |
₹10.01 |
— |
1.33% |
₹48 |
|
JM Arbitrage Fund (Direct) - Growth Option JM Financial Mutual Fund |
Hybrid
Arbitrage Fund |
12 Jan 2026 9m ago |
₹10.39 |
+6.04% |
0.37% |
₹69 |
|
Groww Arbitrage Fund Direct Growth Groww Mutual Fund |
Hybrid
Arbitrage Fund |
12 Jan 2026 9m ago |
₹10.39 |
— |
0.37% |
₹69 |
|
JM Arbitrage Fund (Direct) - Quarterly ... JM Financial Mutual Fund |
Hybrid
Arbitrage Fund |
12 Jan 2026 9m ago |
₹10.39 |
+6.04% |
0.37% |
₹69 |
|
JM Arbitrage Fund (Direct) - Bonus Opti... JM Financial Mutual Fund |
Hybrid
Arbitrage Fund |
12 Jan 2026 9m ago |
₹10.39 |
+6.04% |
0.37% |
₹69 |
|
JM Arbitrage Fund (Direct) - Monthly IDCW JM Financial Mutual Fund |
Hybrid
Arbitrage Fund |
12 Jan 2026 9m ago |
₹10.39 |
+6.04% |
0.37% |
₹69 |
|
JM Arbitrage Fund (Direct)- IDCW JM Financial Mutual Fund |
Hybrid
Arbitrage Fund |
12 Jan 2026 9m ago |
₹10.39 |
+6.04% |
0.37% |
₹69 |
|
JM Arbitrage Fund (Direct) - Annual IDCW JM Financial Mutual Fund |
Hybrid
Arbitrage Fund |
12 Jan 2026 9m ago |
₹10.39 |
+6.04% |
0.37% |
₹69 |
|
Groww Arbitrage Fund Direct IDCW Groww Mutual Fund |
Hybrid
Arbitrage Fund |
12 Jan 2026 9m ago |
₹10.39 |
— |
0.37% |
₹69 |
|
JM Arbitrage Fund (Direct) - Half Yearl... JM Financial Mutual Fund |
Hybrid
Arbitrage Fund |
12 Jan 2026 9m ago |
₹10.39 |
+6.05% |
0.37% |
₹69 |
|
JM Arbitrage Fund (Direct) - Annual Bon... JM Financial Mutual Fund |
Hybrid
Arbitrage Fund |
12 Jan 2026 9m ago |
₹10.39 |
+6.04% |
0.37% |
₹69 |
|
Groww Multi Asset Omni FOF Direct Growth Groww Mutual Fund |
Hybrid
Multi Asset All... |
22 Dec 2025 9m ago |
₹10.51 |
— |
0.18% |
₹77 |
|
Groww Multi Asset Omni FOF Direct IDCW Groww Mutual Fund |
Hybrid
Multi Asset All... |
22 Dec 2025 9m ago |
₹10.51 |
— |
0.18% |
₹77 |
|
JioBlackRock Arbitrage Fund - Direct Pl... JioBlackRock Mutual Fund |
Hybrid
Arbitrage |
16 Dec 2025 10m ago |
₹10.47 |
— |
1.93% |
₹563 |
|
Axis Multi-Asset Active FoF - Direct Pl... Axis Mutual Fund |
Hybrid
Multi Asset All... |
11 Dec 2025 10m ago |
₹10.96 |
— |
0.16% |
₹1,362 |
|
The Wealth Company Multi Asset Allocati... The Wealth Company Mutual Fund |
Hybrid
Multi Asset All... |
09 Dec 2025 10m ago |
₹11.03 |
— |
1.28% |
₹193 |
|
The Wealth Company Multi Asset Allocati... The Wealth Company Mutual Fund |
Hybrid
Multi Asset All... |
09 Dec 2025 10m ago |
₹10.89 |
— |
1.28% |
₹208 |
|
Mahindra Manulife Arbitrage Fund - Dire... Mahindra Manulife Mutual Fund |
Hybrid
Arbitrage Fund |
05 Dec 2025 10m ago |
₹10.48 |
+1.82% |
0.22% |
₹13 |
|
PGIM India Multi Asset Allocation Fund ... PGIM India Mutual Fund |
Hybrid
Multi Asset All... |
28 Nov 2025 10m ago |
₹10.74 |
— |
0.83% |
₹292 |
|
PGIM India Multi Asset Allocation Fund ... PGIM India Mutual Fund |
Hybrid
Multi Asset All... |
28 Nov 2025 10m ago |
₹10.74 |
— |
0.83% |
₹292 |
|
Old Bridge Arbitrage Fund - Direct - IDCW Old Bridge Mutual Fund |
Hybrid
Arbitrage |
13 Nov 2025 11m ago |
₹10.50 |
— |
1.19% |
₹204 |
|
Old Bridge Arbitrage Fund Direct Growth Old Bridge Mutual Fund |
Hybrid
Arbitrage |
13 Nov 2025 11m ago |
₹10.50 |
— |
1.19% |
₹204 |
|
THE WEALTH COMPANY ARBITRAGE FUND DIREC... The Wealth Company Mutual Fund |
Hybrid
Arbitrage |
14 Oct 2025 12m ago |
₹10.60 |
— |
1.61% |
₹150 |
|
THE WEALTH COMPANY ARBITRAGE FUND DIREC... The Wealth Company Mutual Fund |
Hybrid
Arbitrage |
14 Oct 2025 12m ago |
₹10.60 |
— |
1.61% |
₹150 |
NIPPON INDIA ARBITRAGE FUND - DIREC...
Nippon India Mutual Fund
Launched
Sep 2026
NAV
₹10.01
1Y Return
+6.46%
Nippon India Arbitrage Fund - Growt...
Nippon India Mutual Fund
Launched
Sep 2026
NAV
₹10.01
1Y Return
+5.73%
NIPPON INDIA ARBITRAGE FUND - DIREC...
Nippon India Mutual Fund
Launched
Sep 2026
NAV
₹10.01
1Y Return
+6.46%
Mirae Asset Nifty200 Alpha 30 ETF F...
Mirae Asset Mutual Fund
Launched
Jul 2026
NAV
₹10.18
1Y Return
+5.48%
ICICI Prudential Multi-Asset Fund -...
ICICI Prudential Mutual Fund
Launched
Jul 2026
NAV
₹10.08
1Y Return
+3.54%
ICICI Prudential Multicap Fund - Gr...
ICICI Prudential Mutual Fund
Launched
Jul 2026
NAV
₹10.10
1Y Return
+9.11%
ICICI Prudential ELSS Tax Saver Fun...
ICICI Prudential Mutual Fund
Launched
Jul 2026
NAV
₹10.06
1Y Return
-6.48%
ICICI Prudential Multicap Fund - Di...
ICICI Prudential Mutual Fund
Launched
Jul 2026
NAV
₹10.10
1Y Return
+4.63%
ICICI Prudential Multi-Asset Fund -...
ICICI Prudential Mutual Fund
Launched
Jul 2026
NAV
₹10.15
1Y Return
+1.2%
ICICI Prudential Multi-Asset Fund -...
ICICI Prudential Mutual Fund
Launched
Jul 2026
NAV
₹10.08
1Y Return
+0.27%
Axis Multi-Asset Active FoF - Direc...
Axis Mutual Fund
Launched
Jul 2026
NAV
₹10.15
1Y Return
—
ICICI Prudential Multicap Fund - Di...
ICICI Prudential Mutual Fund
Launched
Jul 2026
NAV
₹9.99
1Y Return
+4.92%
WhiteOak Capital Aggressive Hybrid ...
WhiteOak Capital Mutual Fund
Launched
Jun 2026
NAV
₹10.44
1Y Return
—
Kotak Multi Asset Active FOF - Dire...
Kotak Mahindra Mutual Fund
Launched
Apr 2026
NAV
₹10.32
1Y Return
—
Kotak Multi Asset Active FOF - Dire...
Kotak Mahindra Mutual Fund
Launched
Apr 2026
NAV
₹10.32
1Y Return
—
Zerodha Nifty LargeMidcap250 Plus 8...
Zerodha Mutual Fund
Launched
Apr 2026
NAV
₹10.09
1Y Return
—
Edelweiss Nifty LargeMidcap 250 Plu...
Edelweiss Mutual Fund
Launched
Apr 2026
NAV
₹10.70
1Y Return
—
Edelweiss Nifty LargeMidcap250 Plus...
Edelweiss Mutual Fund
Launched
Apr 2026
NAV
₹10.70
1Y Return
—
Edelweiss NIFTY Large Midcap 250 In...
Edelweiss Mutual Fund
Launched
Apr 2026
NAV
₹10.70
1Y Return
-6.06%
Edelweiss Nifty LargeMidcap250 Plus...
Edelweiss Mutual Fund
Launched
Apr 2026
NAV
₹10.70
1Y Return
—
Helios Arbitrage Fund - Direct IDCW
Helios Mutual Fund
Launched
Mar 2026
NAV
₹10.31
1Y Return
—
Helios Arbitrage Fund - Direct Growth
Helios Mutual Fund
Launched
Mar 2026
NAV
₹10.25
1Y Return
—
Capitalmind Multi Asset Allocation ...
Capitalmind Mutual Fund
Launched
Mar 2026
NAV
₹10.07
1Y Return
—
Capitalmind Arbitrage Fund-Direct-IDCW
Capitalmind Mutual Fund
Launched
Mar 2026
NAV
₹10.26
1Y Return
—
Capitalmind Arbitrage Fund-Direct-G...
Capitalmind Mutual Fund
Launched
Mar 2026
NAV
₹10.26
1Y Return
—
Capitalmind Multi Asset Allocation ...
Capitalmind Mutual Fund
Launched
Mar 2026
NAV
₹10.07
1Y Return
—
DSP Multi Asset Omni Fund of Funds ...
DSP Mutual Fund
Launched
Feb 2026
NAV
₹10.16
1Y Return
—
DSP Multi Asset Omni Fund of Funds ...
DSP Mutual Fund
Launched
Feb 2026
NAV
₹10.16
1Y Return
—
The Wealth Company Balanced Advanta...
The Wealth Company Mutual Fund
Launched
Feb 2026
NAV
₹10.01
1Y Return
—
The Wealth Company Balanced Advanta...
The Wealth Company Mutual Fund
Launched
Feb 2026
NAV
₹10.01
1Y Return
—
JM Arbitrage Fund (Direct) - Growth...
JM Financial Mutual Fund
Launched
Jan 2026
NAV
₹10.39
1Y Return
+6.04%
Groww Arbitrage Fund Direct Growth
Groww Mutual Fund
Launched
Jan 2026
NAV
₹10.39
1Y Return
—
JM Arbitrage Fund (Direct) - Quarte...
JM Financial Mutual Fund
Launched
Jan 2026
NAV
₹10.39
1Y Return
+6.04%
JM Arbitrage Fund (Direct) - Bonus ...
JM Financial Mutual Fund
Launched
Jan 2026
NAV
₹10.39
1Y Return
+6.04%
JM Arbitrage Fund (Direct) - Monthl...
JM Financial Mutual Fund
Launched
Jan 2026
NAV
₹10.39
1Y Return
+6.04%
JM Arbitrage Fund (Direct)- IDCW
JM Financial Mutual Fund
Launched
Jan 2026
NAV
₹10.39
1Y Return
+6.04%
JM Arbitrage Fund (Direct) - Annual...
JM Financial Mutual Fund
Launched
Jan 2026
NAV
₹10.39
1Y Return
+6.04%
Groww Arbitrage Fund Direct IDCW
Groww Mutual Fund
Launched
Jan 2026
NAV
₹10.39
1Y Return
—
JM Arbitrage Fund (Direct) - Half Y...
JM Financial Mutual Fund
Launched
Jan 2026
NAV
₹10.39
1Y Return
+6.05%
JM Arbitrage Fund (Direct) - Annual...
JM Financial Mutual Fund
Launched
Jan 2026
NAV
₹10.39
1Y Return
+6.04%
Groww Multi Asset Omni FOF Direct G...
Groww Mutual Fund
Launched
Dec 2025
NAV
₹10.51
1Y Return
—
Groww Multi Asset Omni FOF Direct IDCW
Groww Mutual Fund
Launched
Dec 2025
NAV
₹10.51
1Y Return
—
JioBlackRock Arbitrage Fund - Direc...
JioBlackRock Mutual Fund
Launched
Dec 2025
NAV
₹10.47
1Y Return
—
Axis Multi-Asset Active FoF - Direc...
Axis Mutual Fund
Launched
Dec 2025
NAV
₹10.96
1Y Return
—
The Wealth Company Multi Asset Allo...
The Wealth Company Mutual Fund
Launched
Dec 2025
NAV
₹11.03
1Y Return
—
The Wealth Company Multi Asset Allo...
The Wealth Company Mutual Fund
Launched
Dec 2025
NAV
₹10.89
1Y Return
—
Mahindra Manulife Arbitrage Fund - ...
Mahindra Manulife Mutual Fund
Launched
Dec 2025
NAV
₹10.48
1Y Return
+1.82%
PGIM India Multi Asset Allocation F...
PGIM India Mutual Fund
Launched
Nov 2025
NAV
₹10.74
1Y Return
—
PGIM India Multi Asset Allocation F...
PGIM India Mutual Fund
Launched
Nov 2025
NAV
₹10.74
1Y Return
—
Old Bridge Arbitrage Fund - Direct ...
Old Bridge Mutual Fund
Launched
Nov 2025
NAV
₹10.50
1Y Return
—
Old Bridge Arbitrage Fund Direct Gr...
Old Bridge Mutual Fund
Launched
Nov 2025
NAV
₹10.50
1Y Return
—
THE WEALTH COMPANY ARBITRAGE FUND D...
The Wealth Company Mutual Fund
Launched
Oct 2025
NAV
₹10.60
1Y Return
—
THE WEALTH COMPANY ARBITRAGE FUND D...
The Wealth Company Mutual Fund
Launched
Oct 2025
NAV
₹10.60
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.