Mutual Fund Update: Upcoming NFOs

DSIJ Intelligence / 16 Nov 2021/ Categories: MF NFO, Mutual Fund

Presently, various mutual funds have filed the draft for offer document with the Securities & Exchange Board of India (SEBI).

Following is the list of some funds that are waiting for SEBI’s approval. To get access to their draft of scheme information document (SID), click on the name of the fund from the following list:

Date of filing with SEBI	Name of the scheme
November 15, 2021	Motilal Oswal S&P U.S. IPO & Spinoff Fund of Funds
November 12, 2021	Aditya Birla Sun Life Nifty SDL Apr 2027 Index Fund
November 11, 2021	Kotak Make in India Fund
November 11, 2021	Mirae Asset Nifty MidCap 150 ETF
November 11, 2021	ICICI Prudential PSU Fund
November 09, 2021	Motilal Oswal S&P U.S. IPO & Spinoff ETF
November 03, 2021	NJ Long term Equity Fund

The above table depicts the list of some of the funds that have filed their draft SID with SEBI this month but are still waiting for SEBI approval.

Every draft of SID filed by funds says, “The particulars of the scheme have been prepared under Securities & Exchange Board of India (Mutual Funds) Regulations 1996, (hereinafter referred to as SEBI (MF) Regulations or the Regulations), as amended till date, and filed with SEBI, along with a due diligence certificate from the asset management company (AMC). The units being offered for public subscription have not been approved or recommended by SEBI nor has SEBI certified the accuracy or adequacy of the scheme information document”.