Three passive mutual fund NFOs will open on Monday to expand current market offerings. Investors can choose between the JioBlackRock Income Plus Arbitrage Omni FoF, Kotak Nifty 500 Index Fund, and HDFC Nifty LargeMidcap 250 Plus 8-13 yr G-Sec 70:30 Index Fund. Always pick funds that match your specific financial goals.
3 passive mutual fund NFOs to open on Monday. Check key details
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Why new funds?
Mutual fund houses are launching new schemes to expand and complete their range of offerings.
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JioBlackRock Income Plus Arbitrage Omni FoF
JioBlackRock Income Plus Arbitrage Omni FoF will be a debt-oriented FoF (domestic). The minimum application amount will be Rs 500.
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Kotak Nifty 500 Index Fund
Kotak Nifty 500 Index Fund will be an index fund by Kotak Mutual Fund. The minimum application amount will be Rs 1,000.
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HDFC Nifty LargeMidcap 250 Plus 8-13 yr G-Sec 70:30 Index Fund
HDFC Nifty LargeMidcap 250 Plus 8-13 yr G-Sec 70:30 Index Fund will be a debt-oriented index fund. The minimum application amount will be Rs 100.
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Willing to invest?
If you are willing to invest in these funds, then choose funds based on your risk appetite, investment horizon and financial goals.