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 72 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
72
Equity NFOs
20
Debt NFOs
13
Other NFOs
39
Launch Period
Fund Type
Plan Type
Star Rating
Fund House (AMC)
72 NFOs found
| Fund Name | Category | Launched | NAV | 1Y Return | Expense | AUM (Cr) |
|---|---|---|---|---|---|---|
|
SBI Nifty IT Index Fund - Direct Plan -... SBI Mutual Fund |
Other
Index Funds |
07 Oct 2026 0m ago |
₹10.00 |
-20.07% |
0.24% |
₹14,114 |
|
SBI Nifty Next 50 Index Fund - Direct P... SBI Mutual Fund |
Other
Index Funds |
07 Oct 2026 0m ago |
₹10.00 |
+4.49% |
0.38% |
₹9,935 |
|
SBI Nifty Next 50 Index Fund - Direct P... SBI Mutual Fund |
Other
Index Funds |
07 Oct 2026 0m ago |
₹10.00 |
+4.48% |
0.24% |
₹14,114 |
|
SBI Nifty IT Index Fund - Direct Plan -... SBI Mutual Fund |
Other
Index Funds |
07 Oct 2026 0m ago |
₹10.00 |
-20.07% |
0.24% |
₹14,114 |
|
SBI Nifty200 Value 30 ETF SBI Mutual Fund |
Other
Other ETFs |
07 Oct 2026 0m ago |
₹10.00 |
— |
— |
— |
|
SBI Nifty IT ETF SBI Mutual Fund |
Other
Other ETFs |
07 Oct 2026 0m ago |
₹10.00 |
-19.99% |
— |
— |
|
Shriram Overnight Fund- Direct Daily IDCW Shriram Mutual Fund |
Income/Debt Oriented
Overnight Fund |
28 Sep 2026 0m ago |
₹10.00 |
+5.31% |
0.19% |
₹62 |
|
Shriram Overnight Fund- Direct Monthly ... Shriram Mutual Fund |
Income/Debt Oriented
Overnight Fund |
28 Sep 2026 0m ago |
₹10.00 |
+5.31% |
0.19% |
₹62 |
|
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 |
+9.32% |
0.59% |
₹1,541 |
|
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 Floater Fund - Direct Plan... Nippon India Mutual Fund |
Income/Debt Oriented
Floating Intere... |
03 Sep 2026 1m ago |
₹10.02 |
+5.63% |
0.06% |
₹7,501 |
|
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 |
|
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 |
+6.04% |
0.1205% |
₹563 |
|
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 |
₹10.05 |
+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 |
|
SBI Nifty 50 ETF SBI Mutual Fund |
Other
Other ETFs |
07 Aug 2026 2m ago |
₹9.94 |
-5.01% |
0.42% |
₹117 |
|
SBI Nifty Midcap 150 ETF SBI Mutual Fund |
Other
Other ETFs |
07 Aug 2026 2m ago |
₹9.98 |
— |
0.42% |
— |
|
SBI Nifty Midcap 150 Momentum 50 ETF SBI Mutual Fund |
Other
Other ETFs |
07 Aug 2026 2m ago |
₹9.77 |
— |
0.42% |
₹117 |
|
HDFC NIFTY Bank ETF - GROWTH HDFC Mutual Fund |
Other
Other ETFs |
06 Aug 2026 2m ago |
₹9.92 |
+3.98% |
0.15% |
₹115 |
|
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 |
|
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 |
|
Mirae Asset Long Duration Fund - Direct... Mirae Asset Mutual Fund |
Income/Debt Oriented
Long Term Fund |
23 Jul 2026 2m ago |
₹10.16 |
+1.77% |
0.36% |
₹35 |
|
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 Multicap Fund - Direct... ICICI Prudential Mutual Fund |
Hybrid
Multi Asset All... |
17 Jul 2026 2m ago |
₹9.99 |
+4.92% |
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 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 |
|
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 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 |
|
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 |
|
WhiteOak Capital Aggressive Hybrid Fund... WhiteOak Capital Mutual Fund |
Hybrid
Aggressive Hybrid |
30 Jun 2026 3m ago |
₹10.44 |
— |
1.37% |
₹435 |
|
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 Nifty Alpha Low Volatility 30 Ind... Kotak Mahindra Mutual Fund |
Equity
Large & MidCap |
17 Jun 2026 3m ago |
₹10.25 |
— |
1.946% |
₹7 |
|
Groww Nifty Smallcap 250 Momentum Quali... Groww Mutual Fund |
Equity
Small Cap |
17 Jun 2026 3m ago |
₹10.57 |
— |
1.77% |
₹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 |
|
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 |
|
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 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 10:90 GLIT + SDL INDEX D... SBI Mutual Fund |
Debt
Target Maturity |
26 May 2026 4m ago |
₹10.26 |
— |
0.21% |
₹43 |
|
Axis Nifty Capital Markets Index Fund- ... Axis Mutual Fund |
Equity
Thematic |
20 May 2026 4m ago |
₹9.52 |
— |
0.88% |
₹125 |
|
Invesco India Nifty 50 Exchange Traded ... Invesco Mutual Fund |
Equity
Sectoral |
13 May 2026 5m ago |
₹10.39 |
-90.72% |
0.68% |
₹34 |
|
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 Bank Index Fund - D... Invesco Mutual Fund |
Equity
Sectoral |
13 May 2026 5m ago |
₹10.45 |
— |
0.68% |
₹34 |
|
Axis Nifty India Defence Index Fund - D... Axis Mutual Fund |
Equity
Thematic |
29 Apr 2026 5m ago |
₹10.37 |
— |
0.69% |
₹346 |
|
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 |
|
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 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 |
|
Zerodha Nifty LargeMidcap250 Plus 8-13 ... Zerodha Mutual Fund |
Hybrid
Aggressive Hybrid |
20 Apr 2026 5m ago |
₹10.09 |
— |
0.85% |
₹13 |
|
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 |
|
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 |
|
Edelweiss Nifty LargeMidcap250 Plus 8-1... Edelweiss Mutual Fund |
Hybrid
Aggressive Hybrid |
07 Apr 2026 6m ago |
₹10.70 |
— |
0.6% |
₹57 |
|
Edelweiss Nifty LargeMidcap 250 Plus 8-... Edelweiss Mutual Fund |
Hybrid
Aggressive Hybrid |
07 Apr 2026 6m ago |
₹10.70 |
— |
0.6% |
₹57 |
|
Choice Nifty Next 50 Index Fund - Direc... Choice Mutual Fund |
Equity
Large Cap |
07 Apr 2026 6m ago |
₹11.20 |
— |
0.75% |
₹20 |
|
HSBC Gold ETF Fund of fund - Direct Growth HSBC Mutual Fund |
Commodities
Gold |
30 Mar 2026 6m ago |
₹10.28 |
— |
0.07% |
₹355 |
|
HSBC Gilt Fund - Direct Growth HSBC Mutual Fund |
Commodities
Gold |
30 Mar 2026 6m ago |
₹10.49 |
+2.66% |
0.07% |
₹395 |
|
HSBC Gold ETF Fund of fund - Direct IDCW HSBC Mutual Fund |
Commodities
Gold |
30 Mar 2026 6m ago |
₹10.28 |
— |
0.07% |
₹355 |
|
HSBC Overnight Fund - Direct Growth HSBC Mutual Fund |
Commodities
Gold |
30 Mar 2026 6m ago |
₹10.42 |
+5.28% |
0.07% |
₹395 |
|
HSBC Gold ETF HSBC Mutual Fund |
Commodities
Gold |
30 Mar 2026 6m ago |
₹10.31 |
— |
0.07% |
₹395 |
SBI Nifty IT Index Fund - Direct Pl...
SBI Mutual Fund
Launched
Oct 2026
NAV
₹10.00
1Y Return
-20.07%
SBI Nifty Next 50 Index Fund - Dire...
SBI Mutual Fund
Launched
Oct 2026
NAV
₹10.00
1Y Return
+4.49%
SBI Nifty Next 50 Index Fund - Dire...
SBI Mutual Fund
Launched
Oct 2026
NAV
₹10.00
1Y Return
+4.48%
SBI Nifty IT Index Fund - Direct Pl...
SBI Mutual Fund
Launched
Oct 2026
NAV
₹10.00
1Y Return
-20.07%
SBI Nifty200 Value 30 ETF
SBI Mutual Fund
Launched
Oct 2026
NAV
₹10.00
1Y Return
—
SBI Nifty IT ETF
SBI Mutual Fund
Launched
Oct 2026
NAV
₹10.00
1Y Return
-19.99%
Shriram Overnight Fund- Direct Dail...
Shriram Mutual Fund
Launched
Sep 2026
NAV
₹10.00
1Y Return
+5.31%
Shriram Overnight Fund- Direct Mont...
Shriram Mutual Fund
Launched
Sep 2026
NAV
₹10.00
1Y Return
+5.31%
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
+9.32%
NIPPON INDIA ARBITRAGE FUND - DIREC...
Nippon India Mutual Fund
Launched
Sep 2026
NAV
₹10.01
1Y Return
+6.46%
Nippon India Floater Fund - Direct ...
Nippon India Mutual Fund
Launched
Sep 2026
NAV
₹10.02
1Y Return
+5.63%
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%
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
+6.04%
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
₹10.05
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%
SBI Nifty 50 ETF
SBI Mutual Fund
Launched
Aug 2026
NAV
₹9.94
1Y Return
-5.01%
SBI Nifty Midcap 150 ETF
SBI Mutual Fund
Launched
Aug 2026
NAV
₹9.98
1Y Return
—
SBI Nifty Midcap 150 Momentum 50 ETF
SBI Mutual Fund
Launched
Aug 2026
NAV
₹9.77
1Y Return
—
HDFC NIFTY Bank ETF - GROWTH
HDFC Mutual Fund
Launched
Aug 2026
NAV
₹9.92
1Y Return
+3.98%
Mirae Asset Nifty200 Alpha 30 ETF F...
Mirae Asset Mutual Fund
Launched
Jul 2026
NAV
₹10.18
1Y Return
+5.48%
Mirae Asset Midcap Fund Direct IDCW
Mirae Asset Mutual Fund
Launched
Jul 2026
NAV
₹10.49
1Y Return
+2.1%
Mirae Asset Long Duration Fund - Di...
Mirae Asset Mutual Fund
Launched
Jul 2026
NAV
₹10.16
1Y Return
+1.77%
ICICI Prudential Multicap Fund - Di...
ICICI Prudential Mutual Fund
Launched
Jul 2026
NAV
₹10.10
1Y Return
+4.63%
ICICI Prudential Multicap Fund - Di...
ICICI Prudential Mutual Fund
Launched
Jul 2026
NAV
₹9.99
1Y Return
+4.92%
ICICI Prudential ELSS Tax Saver Fun...
ICICI Prudential Mutual Fund
Launched
Jul 2026
NAV
₹10.06
1Y Return
-6.48%
ICICI Prudential Multi-Asset Fund -...
ICICI Prudential Mutual Fund
Launched
Jul 2026
NAV
₹10.08
1Y Return
+0.27%
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 Multi-Asset Fund -...
ICICI Prudential Mutual Fund
Launched
Jul 2026
NAV
₹10.15
1Y Return
+1.2%
Axis Multi-Asset Active FoF - Direc...
Axis Mutual Fund
Launched
Jul 2026
NAV
₹10.15
1Y Return
—
WhiteOak Capital Aggressive Hybrid ...
WhiteOak Capital Mutual Fund
Launched
Jun 2026
NAV
₹10.44
1Y Return
—
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 Nifty Alpha Low Volatility 30...
Kotak Mahindra Mutual Fund
Launched
Jun 2026
NAV
₹10.25
1Y Return
—
Groww Nifty Smallcap 250 Momentum Q...
Groww Mutual Fund
Launched
Jun 2026
NAV
₹10.57
1Y Return
—
The Wealth Company Large & Mid Cap ...
The Wealth Company Mutual Fund
Launched
Jun 2026
NAV
₹10.48
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
—
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 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 10:90 GLIT + SDL IND...
SBI Mutual Fund
Launched
May 2026
NAV
₹10.26
1Y Return
—
Axis Nifty Capital Markets Index Fu...
Axis Mutual Fund
Launched
May 2026
NAV
₹9.52
1Y Return
—
Invesco India Nifty 50 Exchange Tra...
Invesco Mutual Fund
Launched
May 2026
NAV
₹10.39
1Y Return
-90.72%
Invesco India BSE Sensex Index Fund...
Invesco Mutual Fund
Launched
May 2026
NAV
₹9.77
1Y Return
—
Invesco India Nifty Bank Index Fund...
Invesco Mutual Fund
Launched
May 2026
NAV
₹10.45
1Y Return
—
Axis Nifty India Defence Index Fund...
Axis Mutual Fund
Launched
Apr 2026
NAV
₹10.37
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
—
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
₹10.28
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
—
Zerodha Nifty LargeMidcap250 Plus 8...
Zerodha Mutual Fund
Launched
Apr 2026
NAV
₹10.09
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
—
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
—
Edelweiss Nifty LargeMidcap250 Plus...
Edelweiss Mutual Fund
Launched
Apr 2026
NAV
₹10.70
1Y Return
—
Edelweiss Nifty LargeMidcap 250 Plu...
Edelweiss Mutual Fund
Launched
Apr 2026
NAV
₹10.70
1Y Return
—
Choice Nifty Next 50 Index Fund - D...
Choice Mutual Fund
Launched
Apr 2026
NAV
₹11.20
1Y Return
—
HSBC Gold ETF Fund of fund - Direct...
HSBC Mutual Fund
Launched
Mar 2026
NAV
₹10.28
1Y Return
—
HSBC Gilt Fund - Direct Growth
HSBC Mutual Fund
Launched
Mar 2026
NAV
₹10.49
1Y Return
+2.66%
HSBC Gold ETF Fund of fund - Direct...
HSBC Mutual Fund
Launched
Mar 2026
NAV
₹10.28
1Y Return
—
HSBC Overnight Fund - Direct Growth
HSBC Mutual Fund
Launched
Mar 2026
NAV
₹10.42
1Y Return
+5.28%
HSBC Gold ETF
HSBC Mutual Fund
Launched
Mar 2026
NAV
₹10.31
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.