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 51 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
51
Equity NFOs
17
Debt NFOs
10
Other NFOs
24
Launch Period
Fund Type
Plan Type
Star Rating
Fund House (AMC)
51 NFOs found
| Fund Name | Category | Launched | NAV | 1Y Return | Expense | AUM (Cr) |
|---|---|---|---|---|---|---|
|
SBI Nifty IT Index Fund - Regular Plan ... SBI Mutual Fund |
Other
Index Funds |
07 Oct 2026 0m ago |
₹10.00 |
-20.43% |
0.24% |
₹14,114 |
|
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 - Re... Quantum Mutual Fund |
Equity
Flexi Cap |
10 Sep 2026 1m ago |
₹9.96 |
+12.44% |
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 |
|
Edelweiss MSCI India Domestic & World H... Edelweiss Mutual Fund |
Equity
Sectoral |
07 Sep 2026 1m ago |
₹10.04 |
+9.45% |
0.59% |
₹1,541 |
|
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 |
|
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 |
|
Mirae Asset Nifty 50 Index Fund - Regul... Mirae Asset Mutual Fund |
Hybrid
Aggressive Hybrid |
28 Jul 2026 2m ago |
₹10.09 |
-7.95% |
1.13% |
₹13 |
|
Mirae Asset Nifty200 Alpha 30 ETF Fund ... Mirae Asset Mutual Fund |
Hybrid
Aggressive Hybrid |
28 Jul 2026 2m ago |
₹10.18 |
+4.91% |
1.13% |
₹13 |
|
Mirae Asset Nifty200 Alpha 30 ETF Fund ... Mirae Asset Mutual Fund |
Hybrid
Aggressive Hybrid |
28 Jul 2026 2m ago |
₹10.18 |
+4.92% |
1.13% |
₹13 |
|
Mirae Asset Nifty 50 Index Fund - Regul... Mirae Asset Mutual Fund |
Hybrid
Aggressive Hybrid |
28 Jul 2026 2m ago |
₹10.09 |
-7.92% |
1.13% |
₹13 |
|
Axis Multi-Asset Active FoF - Regular P... Axis Mutual Fund |
Hybrid
Multi Asset All... |
17 Jul 2026 2m ago |
₹10.15 |
— |
0.18% |
₹2,062 |
|
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 |
|
UTI Long Duration Fund - Regular Plan -... UTI Mutual Fund |
Income/Debt Oriented
Long Term Fund |
10 Jun 2026 4m ago |
₹10.12 |
+0.81% |
0.15% |
₹302 |
|
Mirae Asset Low Duration Fund - Regular... Mirae Asset Mutual Fund |
Income/Debt Oriented
Ultra Short to ... |
10 Jun 2026 4m ago |
₹10.18 |
+5.72% |
0.15% |
₹2,044 |
|
UTI Long Duration Fund - Regular Plan -... UTI Mutual Fund |
Income/Debt Oriented
Long Term Fund |
10 Jun 2026 4m ago |
₹10.12 |
+0.81% |
0.15% |
₹302 |
|
Mirae Asset Low Duration Fund - Regular... Mirae Asset Mutual Fund |
Income/Debt Oriented
Ultra Short to ... |
10 Jun 2026 4m ago |
₹10.18 |
-0.05% |
0.15% |
₹2,044 |
|
UTI Long Duration Fund - Regular Plan -... UTI Mutual Fund |
Income/Debt Oriented
Long Term Fund |
10 Jun 2026 4m ago |
₹10.12 |
+0.81% |
0.15% |
₹302 |
|
Mirae Asset Low Duration Fund - Regular... Mirae Asset Mutual Fund |
Income/Debt Oriented
Ultra Short to ... |
10 Jun 2026 4m ago |
₹10.18 |
-0.04% |
0.15% |
₹22 |
|
Mirae Asset Low Duration Fund - Regular... Mirae Asset Mutual Fund |
Income/Debt Oriented
Ultra Short to ... |
10 Jun 2026 4m ago |
₹10.18 |
-0.03% |
0.15% |
₹2,044 |
|
Kotak Long Duration Fund - Regular Plan... Kotak Mahindra Mutual Fund |
Income/Debt Oriented
Long Term Fund |
10 Jun 2026 4m ago |
₹10.12 |
+1.83% |
0.15% |
₹61 |
|
Groww Nifty Private Bank Index Fund Reg... Groww Mutual Fund |
Equity
Sectoral |
27 May 2026 4m ago |
₹10.19 |
— |
1.26% |
₹6 |
|
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 |
|
SBI CRISIL-IBX 10:90 Gilt + SDL Index -... SBI Mutual Fund |
Debt
Target Maturity |
26 May 2026 4m ago |
₹10.27 |
— |
0.21% |
₹43 |
|
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 |
|
Bandhan CRISIL-IBX 10:90 Gilt Plus SDL ... SBI Mutual Fund |
Debt
Target Maturity |
26 May 2026 4m ago |
₹10.27 |
+5.11% |
0.21% |
₹43 |
|
SBI NIFTY G-SEC JUL 2031 INDEX FUND - R... SBI Mutual Fund |
Debt
Target Maturity |
26 May 2026 4m ago |
₹10.25 |
— |
0.2% |
₹17 |
|
SBI Nifty G-sec Jul 2031 Index Fund - R... SBI Mutual Fund |
Debt
Target Maturity |
26 May 2026 4m ago |
₹10.25 |
— |
0.2% |
₹17 |
|
Bandhan CRISIL-IBX 10:90 Gilt Plus SDL ... SBI Mutual Fund |
Debt
Target Maturity |
26 May 2026 4m ago |
₹10.27 |
-1.22% |
0.21% |
₹43 |
|
Axis Nifty Capital Markets Index Fund- ... Axis Mutual Fund |
Equity
Thematic |
20 May 2026 4m ago |
₹9.52 |
— |
0.88% |
₹125 |
|
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 BSE Sensex Index Fund - R... Invesco Mutual Fund |
Equity
Large Cap |
13 May 2026 5m ago |
₹9.77 |
— |
0.78% |
₹21 |
|
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 |
|
Groww Arbitrage Fund Regular IDCW Groww Mutual Fund |
Hybrid
Arbitrage |
28 Apr 2026 5m ago |
₹10.19 |
— |
1.74% |
₹88 |
|
Kotak Multi Asset Active FOF - Regular ... Kotak Mahindra Mutual Fund |
Hybrid
Multi Asset All... |
27 Apr 2026 5m ago |
₹10.32 |
— |
0.3422% |
₹75 |
|
Kotak Multi Asset Active FOF - Regular-... 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 |
₹10.29 |
— |
0.13% |
₹1,096 |
|
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 |
₹10.30 |
— |
0.13% |
₹1,096 |
|
Edelweiss Nifty LargeMidcap250 Plus 8-1... Edelweiss Mutual Fund |
Hybrid
Aggressive Hybrid |
07 Apr 2026 6m ago |
₹10.70 |
— |
0.6% |
₹57 |
|
Choice Nifty 50 Index Fund - Regular Pl... Choice Mutual Fund |
Equity
Large Cap |
07 Apr 2026 6m ago |
₹11.20 |
— |
0.75% |
₹20 |
|
Edelweiss NIFTY Large Midcap 250 Index ... Edelweiss Mutual Fund |
Hybrid
Aggressive Hybrid |
07 Apr 2026 6m ago |
₹10.70 |
-6.87% |
0.6% |
₹57 |
|
Edelweiss NIFTY Large Midcap 250 Index ... Edelweiss Mutual Fund |
Hybrid
Aggressive Hybrid |
07 Apr 2026 6m ago |
₹10.70 |
-0.98% |
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 |
₹10.58 |
— |
0.6% |
₹57 |
|
Choice Nifty Next 50 Index Fund - Regul... Choice Mutual Fund |
Equity
Large Cap |
07 Apr 2026 6m ago |
₹11.35 |
— |
0.75% |
₹19 |
|
HSBC Gold ETF Fund of fund - Regular IDCW HSBC Mutual Fund |
Commodities
Gold |
30 Mar 2026 6m ago |
₹10.46 |
— |
0.07% |
₹355 |
|
HSBC Gold ETF Fund of fund - Regular Gr... HSBC Mutual Fund |
Commodities
Gold |
30 Mar 2026 6m ago |
₹10.46 |
— |
0.07% |
₹355 |
SBI Nifty IT Index Fund - Regular P...
SBI Mutual Fund
Launched
Oct 2026
NAV
₹10.00
1Y Return
-20.43%
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
+12.44%
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
+9.45%
Kotak Quality Overseas Equity Omni ...
Kotak Mahindra Mutual Fund
Launched
Aug 2026
NAV
₹9.84
1Y Return
+4.14%
Kotak Quality Overseas Equity Omni ...
Kotak Mahindra Mutual Fund
Launched
Aug 2026
NAV
₹9.85
1Y Return
+4.14%
Mirae Asset Nifty 50 Index Fund - R...
Mirae Asset Mutual Fund
Launched
Jul 2026
NAV
₹10.09
1Y Return
-7.95%
Mirae Asset Nifty200 Alpha 30 ETF F...
Mirae Asset Mutual Fund
Launched
Jul 2026
NAV
₹10.18
1Y Return
+4.91%
Mirae Asset Nifty200 Alpha 30 ETF F...
Mirae Asset Mutual Fund
Launched
Jul 2026
NAV
₹10.18
1Y Return
+4.92%
Mirae Asset Nifty 50 Index Fund - R...
Mirae Asset Mutual Fund
Launched
Jul 2026
NAV
₹10.09
1Y Return
-7.92%
Axis Multi-Asset Active FoF - Regul...
Axis Mutual Fund
Launched
Jul 2026
NAV
₹10.15
1Y Return
—
Kotak Low Duration Fund- Regular Pl...
Kotak Mahindra Mutual Fund
Launched
Jun 2026
NAV
₹9.84
1Y Return
-0.94%
UTI Long Duration Fund - Regular Pl...
UTI Mutual Fund
Launched
Jun 2026
NAV
₹10.12
1Y Return
+0.81%
Mirae Asset Low Duration Fund - Reg...
Mirae Asset Mutual Fund
Launched
Jun 2026
NAV
₹10.18
1Y Return
+5.72%
UTI Long Duration Fund - Regular Pl...
UTI Mutual Fund
Launched
Jun 2026
NAV
₹10.12
1Y Return
+0.81%
Mirae Asset Low Duration Fund - Reg...
Mirae Asset Mutual Fund
Launched
Jun 2026
NAV
₹10.18
1Y Return
-0.05%
UTI Long Duration Fund - Regular Pl...
UTI Mutual Fund
Launched
Jun 2026
NAV
₹10.12
1Y Return
+0.81%
Mirae Asset Low Duration Fund - Reg...
Mirae Asset Mutual Fund
Launched
Jun 2026
NAV
₹10.18
1Y Return
-0.04%
Mirae Asset Low Duration Fund - Reg...
Mirae Asset Mutual Fund
Launched
Jun 2026
NAV
₹10.18
1Y Return
-0.03%
Kotak Long Duration Fund - Regular ...
Kotak Mahindra Mutual Fund
Launched
Jun 2026
NAV
₹10.12
1Y Return
+1.83%
Groww Nifty Private Bank Index Fund...
Groww Mutual Fund
Launched
May 2026
NAV
₹10.19
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
—
SBI CRISIL-IBX 10:90 Gilt + SDL Ind...
SBI Mutual Fund
Launched
May 2026
NAV
₹10.27
1Y Return
—
SBI CRISIL-IBX 10:90 GLIT + SDL IND...
SBI Mutual Fund
Launched
May 2026
NAV
₹10.26
1Y Return
—
Bandhan CRISIL-IBX 10:90 Gilt Plus ...
SBI Mutual Fund
Launched
May 2026
NAV
₹10.27
1Y Return
+5.11%
SBI NIFTY G-SEC JUL 2031 INDEX FUND...
SBI Mutual Fund
Launched
May 2026
NAV
₹10.25
1Y Return
—
SBI Nifty G-sec Jul 2031 Index Fund...
SBI Mutual Fund
Launched
May 2026
NAV
₹10.25
1Y Return
—
Bandhan CRISIL-IBX 10:90 Gilt Plus ...
SBI Mutual Fund
Launched
May 2026
NAV
₹10.27
1Y Return
-1.22%
Axis Nifty Capital Markets Index Fu...
Axis Mutual Fund
Launched
May 2026
NAV
₹9.52
1Y Return
—
Tata S&P BSE Sensex Index Fund -Reg...
Tata Mutual Fund
Launched
May 2026
NAV
₹10.11
1Y Return
-3.37%
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
₹10.42
1Y Return
—
Axis Nifty India Defence Index Fund...
Axis Mutual Fund
Launched
Apr 2026
NAV
₹10.37
1Y Return
—
Groww Arbitrage Fund Regular IDCW
Groww Mutual Fund
Launched
Apr 2026
NAV
₹10.19
1Y Return
—
Kotak Multi Asset Active FOF - Regu...
Kotak Mahindra Mutual Fund
Launched
Apr 2026
NAV
₹10.32
1Y Return
—
Kotak Multi Asset Active FOF - Regu...
Kotak Mahindra Mutual Fund
Launched
Apr 2026
NAV
₹10.32
1Y Return
—
SBI CRISIL - IBX Financial Services...
SBI Mutual Fund
Launched
Apr 2026
NAV
₹10.29
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
₹10.30
1Y Return
—
Edelweiss Nifty LargeMidcap250 Plus...
Edelweiss Mutual Fund
Launched
Apr 2026
NAV
₹10.70
1Y Return
—
Choice Nifty 50 Index Fund - Regula...
Choice Mutual Fund
Launched
Apr 2026
NAV
₹11.20
1Y Return
—
Edelweiss NIFTY Large Midcap 250 In...
Edelweiss Mutual Fund
Launched
Apr 2026
NAV
₹10.70
1Y Return
-6.87%
Edelweiss NIFTY Large Midcap 250 In...
Edelweiss Mutual Fund
Launched
Apr 2026
NAV
₹10.70
1Y Return
-0.98%
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
₹10.58
1Y Return
—
Choice Nifty Next 50 Index Fund - R...
Choice Mutual Fund
Launched
Apr 2026
NAV
₹11.35
1Y Return
—
HSBC Gold ETF Fund of fund - Regula...
HSBC Mutual Fund
Launched
Mar 2026
NAV
₹10.46
1Y Return
—
HSBC Gold ETF Fund of fund - Regula...
HSBC Mutual Fund
Launched
Mar 2026
NAV
₹10.46
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.