Upcoming NFO 2024 – NFO In Stock Market This Week

What Is New Fund Offer?

A New Fund Offer (NFO) is the initial offering of units of a mutual fund scheme to the public for subscription. It allows investors to buy units at the scheme’s face value. NFOs are launched by asset management companies to raise capital and diversify their fund offerings.

List Of Upcoming NFO This Week

The Following Table has the list of Upcoming NFOs as of 18-10-24:

Introduction Of Upcoming NFO 2024

Groww Gold ETF FOF

Groww Gold ETF FOF is an open-ended fund that invests in gold exchange-traded funds (ETFs). It aims to provide investors with long-term capital growth through investment in gold.

Baroda BNP Paribas NIFTY Midcap 150 Index Fund

Baroda BNP Paribas NIFTY Midcap 150 Index Fund is an open-ended index fund that invests in the NIFTY Midcap 150 Index. This fund aims for long-term capital gains through investments in midcap companies. 

SBI Nifty India Consumption Index Fund

SBI Nifty India Consumption Index Fund is an open-ended fund that invests in companies related to the consumer sector. Its aim is to provide investors with long-term capital growth by capitalizing on consumer demand and growth opportunities in the Indian market.

Motilal Oswal Digital India Fund

Motilal Oswal Digital India Fund focuses on long-term capital growth by investing mainly in digital and tech-driven companies, including hardware, software, telecom, media, internet, and e-commerce sectors. It offers Growth and IDCW options, with Direct and Regular plans.

WhiteOak Capital ESG Best-In-Class Strategy Fund

WhiteOak Capital ESG Best-In-Class Strategy Fund targets long-term capital growth by investing in companies selected based on their strong environmental, Social, and Governance (ESG) practices. It offers a Growth option, with both Direct and Regular plans available.

TRUSTMF Small Cap Fund

TRUSTMF Small Cap Fund aims for long-term capital appreciation by primarily investing in equity and related securities of small-cap companies. It offers Growth and IDCW options, with both Direct and Regular plans available.

Edelweiss Nifty500 Multicap Momentum Quality 50 ETF

Edelweiss Nifty500 Multicap Momentum Quality 50 ETF tracks the Nifty500 Multicap Momentum Quality 50 Total Return Index, aiming to align with its performance, minus tracking errors. It offers a Growth option under a Regular plan.

Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund

Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund aims to match the Nifty500 Multicap Momentum Quality 50 Index’s total returns, before expenses, subject to tracking errors. It offers Growth and IDCW options, with both Direct and Regular plans available.

Bandhan Nifty 500 Momentum 50 Index Fund

Bandhan Nifty 500 Momentum 50 Index Fund replicates the Nifty 500 Momentum 50 Index, aiming to track its total returns before expenses, subject to tracking errors. It offers a Growth option, with both Direct and Regular plans available.

Bandhan Nifty 500 Value 50 Index Fund

Bandhan Nifty 500 Value 50 Index Fund seeks to replicate the Nifty 500 Value 50 Index, aiming to track its total returns before expenses, subject to tracking errors. It offers a Growth option, with both Direct and Regular plans available.

Samco Multi Cap Fund

Samco Multi Cap Fund is an open-ended fund that invests in companies of various market capitalizations. Its goal is to achieve long-term capital growth by creating a diversified portfolio across different sectors.

Helios Large & Mid Cap Fund

Helios Large & Mid Cap Fund focuses on investments in large and mid-cap stocks. Its aim is to balance stability and growth within the portfolio, providing investors with better returns.

Mirae Asset Gold ETF Fund of Fund

Mirae Asset Gold ETF Fund of Fund is an open-ended fund that invests in Gold ETFs. Its goal is to benefit from rising gold prices and offer investors diversification through gold investments.

Mirae Asset Nifty Total Market Index Fund

Mirae Asset Nifty Total Market Index Fund tracks the index of leading stocks in the Indian market. This fund offers investors the opportunity for long-term capital appreciation through broad market coverage.

Nippon India CRISIL – IBX AAA Financial Services – Dec 2026 Index Fund

Nippon India CRISIL – IBX AAA Financial Services – Dec 2026 Index Fund is an index fund that invests in AAA-rated financial services. It aims to provide investors with stable returns until December 2026.

Nippon India CRISIL – IBX AAA Financial Services – Jan 2028 Index Fund

Nippon India CRISIL – IBX AAA Financial Services – Jan 2028 Index Fund invests in AAA-rated financial services, aiming to offer investors stable returns until January 2028.

Tata Nifty Capital Markets Index Fund

Tata Nifty Capital Markets Index Fund aims to track the performance of the Indian capital markets. Its objective is to benefit investors by investing in various aspects of the capital market.

Kotak MNC Fund

Kotak MNC Fund focuses on multinational companies known for their global expertise and high growth potential. Its aim is to create a strong portfolio for long-term gains.

New Fund Offering Mutual Funds List – FAQs

What Is New Fund Offer?

A New Fund Offer (NFO) is the initial offering of units of a mutual fund scheme to the public for subscription. It allows investors to buy units at the scheme’s face value. NFOs are launched by asset management companies to raise capital and diversify their fund offerings.

How Does NFO Work?

In a New Fund Offer (NFO), mutual fund companies launch a new fund. Investors can invest in this new fund during a specified period. Units are offered at an initial price, typically ₹10 per unit. After the NFO, the fund manager invests the collected amount in various assets, providing potential benefits to investors. This fund offers new opportunities in the market.

How To Check NFO Status?

To check NFO status, visit the official website of the asset management company (AMC) offering the fund. Look for the NFO section or announcements. Alternatively, check financial news websites, investment platforms, or contact your financial advisor for the latest updates and details.

What Are The Risks Of NFO?

The risks of investing in a New Fund Offer (NFO) primarily inNFO This Week: Complete List of Upcoming NFOs in 2024clude uncertainty, as there is no past performance to gauge future prospects. Additionally, market volatility can affect the value of the fund’s invested assets. Some NFOs have lock-in periods, making it difficult to sell units early, and initial launch expenses may be higher.

How Do You Calculate NFO?

To calculate a New Fund Offer (NFO), divide the total invested amount by the total number of fund units. This is typically at the initial price (usually ₹10 per unit). The fund manager invests the received amount in various assets. The performance of the NFO is monitored through its Net Asset Value (NAV), which is updated daily.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.