List of Upcoming NFOs: Check Details of 4 NFOs Opening This Week
The chance to subscribe to a new fund offer is only accessible for a short time in a new fund offer. During the pre-defined period, investors can purchase units of the mutual fund scheme and subscribe to the NFO at an offer price. This is normally set at Rs 10 in most cases. Investors will be able to purchase fund units at the stipulated price once the tenure has expired. NFO subscribers, on average, have seen significantly higher returns after the listing.
ICICI Prudential S&P BSE 500 ETF FOF
The basic purpose of this open-ended Fund of Funds program is to create returns by investing in units of the ICICI Prudential S&P BSE 500 ETF.
ICICI Prudential S&P BSE 500 ETF (ICICI Prudential S&P BSE 500 ETF) (ICICI Prudential FOF (the Scheme) is a Fund of Funds scheme that invests in units of the underlying scheme, ICICI Prudential S&P BSE 500 ETF, with the primary goal of generating returns. The minimum amount for a subscription is Rs 1000.
IDFC MULTI CAP FUND
The Fund invests in a diverse portfolio of equities and equity-related securities spanning big, mid, and small cap firms in order to create long-term capital appreciation. Exit Load: 1 percent of applicable NAV if redeemed within 1 year, NIL if redeemed after 1 year. The minimum subscription amount is Rs. 5,000/-, with subsequent amounts in multiples of Rs. 1/-.
IDFC Multi Cap Fund
The scheme's investment goal is to achieve a long-term capital appreciation for participants by selecting a portfolio of equities and equity-related assets based on a quantitative theme. However, there can be no assurance or guarantee that the Scheme's investment goal will be met. The minimum amount for a subscription is Rs 1000.
Quant Value Fund
The scheme's principal investment goal is to produce long-term capital appreciation by predominantly investing in a well-diversified portfolio of value equities. The AMC will have the ability to invest entirely or partially in any of the above-mentioned securities in order to optimise returns or for defensive reasons. However, there can be no guarantee that the Scheme's investment objective will be met, as actual market movements may vary. Rs. 5000/- is the minimum subscription amount.
Fund | Type | Launch Date | Closure Date |
ICICI Prudential S&P BSE 500 ETF FOF | Open-ended | 12th Nov 2021 | 26th Nov 2021 |
IDFC Multi Cap Fund | Open-ended | 12th Nov 2021 | 26th Nov 2021 |
IIFL Quant Fund | Open-ended | 8th Nov 2021 | 22nd Nov 2021 |
Quant Value Fund | Open-ended | 10th Nov 2021 | 24th Nov 2021 |