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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 2 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 18 Sep 2026.

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Equity NFOs

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Debt NFOs

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Other NFOs

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2 NFOs found

How NFO Investing Works

  1. The fund house files an offer document and the NFO opens for a fixed subscription window, typically 2-3 weeks.
  2. Units are sold at a flat ₹10 face value, regardless of demand — unlike an IPO, there's no price discovery or grey market premium.
  3. Once the NFO closes, the fund allots units and starts investing the pooled money per its stated strategy.
  4. 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.