Upcoming NFO Stock List 2024: New Fund Offerings to Watch in the Stock Market Today

What Is a New Fund Offer (NFO)?

A New Fund Offer (NFO) is the initial sale of a mutual fund scheme to investors, allowing them to purchase units at a fixed price before the fund is officially launched. NFOs typically aim to raise capital for specific investment strategies.

Upcoming NFOs 

Here is a list of Upcoming NFO Stock List as of 21/11/2024

Introduction Of Upcoming NFO 2024

Edelweiss CRISIL IBX AAA Financial Services – Jan 2028 Index Fund

Edelweiss CRISIL IBX AAA Financial Services – Jan 2028 Index Fund is an open-ended index fund aiming to replicate the CRISIL IBX AAA Financial Services – Jan 2028 Index by investing in AAA-rated corporate bonds maturing on or before January 2028. It offers Growth and IDCW options under Direct and Regular plans.

Mirae Asset Long Duration Fund

Mirae Asset Long Duration Fund is an open-ended fund aiming to generate returns through an actively managed portfolio of debt and money market instruments with a Macaulay duration of over 7 years. It offers Growth and IDCW options under Direct and Regular plans.

Franklin India Long Duration Fund

Franklin India Long Duration Fund is an open-ended fund focused on generating returns by investing in debt and money market instruments with a Macaulay duration of over 7 years. It offers Growth and IDCW options under Direct and Regular plans.

PGIM India Healthcare Fund

PGIM India Healthcare Fund is an open-ended sectoral/thematic fund focusing on generating consistent returns by investing primarily in equity and related securities of pharmaceutical and healthcare companies. It offers Growth and IDCW options under Direct and Regular plans.

Bandhan Nifty 200 Quality 30 Index Fund

Bandhan Nifty 200 Quality 30 Index Fund is an open-ended index fund aiming to replicate the Nifty 200 Quality 30 Index. It invests in the index’s securities proportionately to deliver returns, adjusted for expenses and tracking errors. Available in Growth options under Direct and Regular plans.

Shriram Multi Sector Rotation Fund

Shriram Multi-Sector Rotation Fund is an open-ended sectoral/thematic fund aiming for long-term capital appreciation. It uses a quantamental approach to invest in trending sectors based on earnings expectations, guided by a proprietary quantitative model and fundamental analysis. Available in Growth options under Direct and Regular plans.

ICICI Prudential Equity Minimum Variance Fund

ICICI Prudential Equity Minimum Variance Fund is an open-ended sectoral/thematic fund aiming for long-term capital appreciation by investing in a diversified equity portfolio designed to minimize volatility. It offers Growth and IDCW options under Direct and Regular plans.

Nippon India Nifty Realty Index Fund

Nippon India Nifty Realty Index Fund is an open-ended index fund aiming to deliver returns that mirror the Nifty Realty Index, adjusted for expenses and tracking errors.

Nippon India Nifty Auto Index Fund

Nippon India Nifty Auto Index Fund is an open-ended index fund aiming to provide returns aligned with the Nifty Auto Index, adjusted for expenses and tracking errors. It offers Growth and IDCW options in Direct and Regular plans.

Aditya Birla Sun Life BSE India Infrastructure Index Fund

Aditya Birla Sun Life BSE India Infrastructure Index Fund is an open-ended index fund aiming to match the returns of the BSE India Infrastructure Total Return Index, adjusted for expenses and tracking errors. It offers Growth and IDCW options in Direct and Regular plans.

Samco Arbitrage Fund

Samco Arbitrage Fund is an open-ended mutual fund focusing on arbitrage opportunities in equity markets. The fund aims to generate capital appreciation and income by investing in cash, derivative segments, and debt instruments.

Tata India Innovation Fund

Tata India Innovation Fund is an open-ended mutual fund focused on long-term capital appreciation by investing in innovative companies. The fund targets growth by supporting companies that adopt innovative strategies and themes.

UTI Nifty Alpha Low Volatility 30 Index Fund

UTI Nifty Alpha Low Volatility 30 Index Fund is an open-ended index fund aiming to match the total returns of its underlying index. It seeks to deliver returns aligned with the Nifty Alpha Low Volatility 30 Index, considering tracking errors.

UTI Nifty Midcap 150 Index Fund

UTI Nifty Midcap 150 Index Fund is an open-ended index fund designed to track the performance of the Nifty Midcap 150 Index. It aims to deliver returns corresponding to the underlying index’s total returns, accounting for tracking errors.

Axis CRISIL-IBX AAA Bond Financial Services – Sep 2027 Index Fund

Axis CRISIL-IBX AAA Bond Financial Services – Sep 2027 Index Fund is an open-ended index fund aiming to closely track the CRISIL-IBX AAA Financial Services Index – Sep 2027. It seeks to provide returns aligned with the index, accounting for tracking errors.

Bajaj Finserv Consumption Fund 

Bajaj Finserv Consumption Fund is a mutual fund that invests primarily in the consumption sector. The fund seeks to generate high returns by investing in consumer-oriented companies such as FMCG, auto, retail and pharma. It aims to benefit from rising consumer spending.

Franklin India Arbitrage Fund

Franklin India Arbitrage Fund aims to generate low-risk returns by investing in equities and equity derivatives. It is an open-ended arbitrage fund designed to take advantage of opportunities arising from market volatility. This fund is suitable for investors seeking low-risk and stable returns.

NFO Mutual Fund – FAQs

What is a New Fund Offer?

A New Fund Offer (NFO) is the launch period for a mutual fund, allowing investors to purchase units at an initial price before the fund becomes available for regular trading.

How does an NFO work?

An NFO works by inviting investors to buy mutual fund units at a fixed price during a specified period. After the NFO closes, the fund starts trading on exchanges at market value.

How to apply for an NFO?

To apply for an NFO, log in to your brokerage platform like Alice Blue, select the NFO you wish to invest in, and complete the application process with your investment details.

What Factors Should I Consider Before Investing in an NFO?

Before investing in an NFO, consider the following factors:

• Investment Objective: Align with your financial goals.
• Fund Management: Research the fund manager’s track record.
• Expense Ratio: Check management fees and costs.
• Market Conditions: Evaluate current market trends.
• Fund Strategy: Understand the investment strategy and asset allocation.

What Are the Tax Implications for NFO Investments?

Tax implications for NFO investments depend on the type of mutual fund. Equity funds have a long-term capital gains tax of 10% above ₹1 lakh, while debt funds face a 20% tax with indexation benefits for long-term holdings.

How to Check Upcoming NFO Details and Performance?

To check NFO details and performance, visit the mutual fund’s official website or your brokerage platform, such as Alice Blue. Review the NFO document for scheme information and monitor ongoing performance through Alice Blue or financial news websites for updates.

How Are NFOs Different from Regular Mutual Funds?

NFOs are initial offerings of mutual funds available for a limited time, allowing investors to buy at a fixed price. In contrast, regular mutual funds can be purchased anytime at the prevailing market price after the NFO period ends.

How To Check NFO Status?

To check NFO status, visit the mutual fund’s official website or your brokerage platform, such as Alice Blue. Look for the NFO section to find updates on the subscription period, fund performance, and when the fund will start trading.