8 New Mutual Fund NFOs This Week – SBI, Kotak, Invesco & More | Subscription Details : If you’re looking to invest in equity mutual funds, this week presents an exciting opportunity. Eight new fund offers (NFOs) are launching, providing a diverse range of investment options. Among these, the new SBI scheme is drawing significant attention. Here’s a breakdown of all the new schemes and their subscription dates.
Why Invest in Mutual Funds?
Many Indian investors are actively participating in stock markets and mutual funds. Mutual funds serve as an excellent option for those who may not have in-depth market knowledge but still wish to invest and grow their wealth. Systematic Investment Plans (SIPs) are particularly popular, allowing investors to contribute small amounts regularly and build a strong corpus over time.
8 New Fund Offers (NFOs) Available This Week
This week, eight new mutual fund schemes are available for subscription. These funds belong to different categories, providing a variety of investment choices:
- Two sectoral funds
- One thematic fund
- One value fund
- One multi-cap fund
- One fixed maturity plan
- One index fund
- One ETF fund
Sectoral Funds
- ITI Bharat Consumption Fund – Subscription open from February 6 to February 20.
- HSBC Financial Services Fund – Subscription open from February 6 to February 20.
Thematic Fund
- Invesco India Business Cycle Fund – Subscription open from February 6 to February 20.
Value Fund
- Mahindra Manulife Value Fund – Subscription open from February 7 to February 21.
Multi-Cap Fund
- Bajaj Finserv Multi-Cap Fund – Subscription open from February 6 to February 20.
Index Fund
- SBI Nifty IT Index Fund – Subscription open from February 4 to February 17.
Equity Traded Fund (ETF)
- Kotak Nifty 100 Equal Weight ETF Fund – Subscription open from February 3 to February 17.
Fixed Maturity Plan (FMP)
- Bandhan FMP 209 93D Scheme – Subscription open from February 3 to February 10.
SBI Fund as a Special Attraction
In the index fund category, SBI Mutual Funds is introducing a new scheme. Among the new schemes launching this week, the SBI Nifty IT Index Fund stands out as a special attraction, with subscription starting from February 4 to February 17.
| # | Fund Name | Category | Subscription Period |
|---|---|---|---|
| 1 | ITI Bharat Consumption Fund | Sectoral Fund | Feb 6 – Feb 20 |
| 2 | HSBC Financial Services Fund | Sectoral Fund | Feb 6 – Feb 20 |
| 3 | Invesco India Business Cycle Fund | Thematic Fund | Feb 6 – Feb 20 |
| 4 | Mahindra Manulife Value Fund | Value Fund | Feb 7 – Feb 21 |
| 5 | Bajaj Finserv Multi-Cap Fund | Multi-Cap Fund | Feb 6 – Feb 20 |
| 6 | SBI Nifty IT Index Fund | Index Fund | Feb 4 – Feb 17 |
| 7 | Kotak Nifty 100 Equal Weight ETF Fund | ETF Fund | Feb 3 – Feb 17 |
| 8 | Bandhan FMP 209 93D Scheme | Fixed Maturity Plan | Feb 3 – Feb 10 |
| 9 | High SIP Inflows in Mutual Funds | Investment Trend | Ongoing |
| 10 | Diversification & Growth Potential | Investment Benefits | Long-Term Wealth Growth |
Why Should Investors Consider These NFOs?
- Diversification: The new fund offers cover multiple categories, allowing investors to diversify their portfolio.
- Long-Term Growth Potential: Equity funds have the potential to generate high returns over the long term.
- Different Investment Strategies: Whether you’re looking for sectoral exposure, thematic investments, or diversified multi-cap funds, there’s an option for everyone.
Final Thoughts
Investing in NFOs can be a great way to enter the mutual fund market with fresh opportunities. Before investing, make sure to assess your financial goals and risk appetite. Stay informed and make wise investment decisions to build wealth over time.
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