If you're looking for new investment options in mutual funds, this week could be particularly interesting. Five new New Fund Offers (NFOs) are launching this week, some allowing investments starting from just ₹500.
These funds include:
- Unifi Flexi Cap Fund
- Motilal Oswal Services Fund
- ICICI Prudential Nifty200 Quality 30 Index Fund
- Nippon India BSE Sensex Next 30 Index Fund
- Nippon India BSE Sensex Next 30 ETF
The investment window for all these schemes will be open from May 19th to June 4th, 2025.
1. Unifi Flexi Cap Fund
- Opening Date: May 19, 2025
- Closing Date: May 30, 2025
- Minimum Investment: ₹5,000
- Fund Type: Open-ended Flexi Cap Scheme
- Benchmark: Nifty 500 TRI
- Fund Managers: Sarvanan V N, Ajesh Lakhani, Karthik Srinivas
- Lock-in: No
- Exit Load: 1% (on withdrawal before 1 year)
- Risk Level: Very High Risk
This fund invests across various company cap sizes offering flexibility and may be suitable for long-term investors.
2. Motilal Oswal Services Fund
- Opening Date: May 20, 2025
- Closing Date: June 3, 2025
- Minimum Investment: ₹500
- Fund Type: Open-ended Thematic Equity Fund
- Benchmark: Nifty Services Sector TRI
- Fund Managers: Ajay Khandelwal, Atul Mehra, Bhalchandra Shinde, Rakesh Shetty
- Lock-in: No
- Exit Load: 1% (on withdrawal before 90 days)
- Risk Level: High Risk
This fund invests in the Services Sector and may be an option for investors confident in the sector's growth.
3. ICICI Prudential Nifty200 Quality 30 Index Fund
- Opening Date: May 21, 2025
- Closing Date: June 4, 2025
- Minimum Investment: ₹1,000
- Fund Type: Open-ended Index Fund
- Benchmark: Nifty200 Quality 30 Index
- Fund Manager: Nishit Patel
- Objective: To replicate the performance of quality companies included in the index.
- Tracking Error: Possible
This scheme is for index-based investors seeking exposure to quality companies at a low cost.
4. Nippon India BSE Sensex Next 30 Index Fund
5. Nippon India BSE Sensex Next 30 ETF
- Opening Date: May 21, 2025
- Closing Date: June 4, 2025
- Minimum Investment: ₹1,000
- Fund Type: Index Fund and Exchange Traded Fund (ETF)
- Benchmark: BSE Sensex Next 30 Index
- Fund Manager: Himanshu Mange
Both these funds invest in the next 30 companies of the BSE Sensex, offering investors opportunities in mid-tier growth companies.
Note:
This information is provided for informational purposes only. Investing in mutual funds is subject to market risks. Please consult a certified financial advisor before investing.
