MF Update: Upcoming NFOs

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MF Update: Upcoming NFOs

Here is the list of mutual funds that are in line to be launched.

As of now, there is only one fund that is open for subscription. However, there are funds that have filed the draft offer document with the Securities & Exchange Board of India (SEBI). Below is the list of funds that are waiting for SEBI’s approval. Kindly click on the respective fund names to access their draft scheme information document (SID).

 

Date of filing with SEBI

Name of Scheme

18-03-2021

Kotak Nifty 50 Index Fund

15-03-2021

ICICI Prudential Consumption ETF

15-03-2021

ICICI Prudential FMCG ETF

09-03-2021

Nippon India Fixed Horizon Fund - XLIII

05-03-2021

Kotak FMP Series 292 - 296

05-03-2021

Invesco India Medium Duration Fund

 

 

The above table shows you the list of funds that have filed their draft SID with SEBI in the month of March 2021 but still awaiting its approval. We can see that most of the funds are from Kotak Mutual Fund and ICICI Prudential Mutual Fund. Moreover, it seems that the fund houses are betting more on passive investments with a lot of them either getting launched or still in the pipeline.