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 10/12/2024

Introduction Of Upcoming NFO 2024

ICICI Prudential Nifty 500 Index Fund

ICICI Prudential Nifty 500 Index Fund is an open-ended fund aiming to replicate the performance of the Nifty 500 Index by investing in its constituent stocks in the same weightage, subject to tracking errors. It offers Growth and IDCW options under Direct and Regular plans.

Edelweiss BSE Capital Markets & Insurance ETF

Edelweiss BSE Capital Markets & Insurance ETF is an open-ended fund aiming to align returns with the BSE Capital Markets & Insurance Total Return Index, subject to tracking errors. It is available with a Growth option under the Regular plan.

Aditya Birla Sun Life CRISIL-IBX Financial Services 3 to 6 Months Debt Index Fund

Aditya Birla Sun Life CRISIL-IBX Financial Services 3 to 6 Months Debt Index Fund is an open-ended fund aiming to generate returns aligned with the CRISIL-IBX Financial Services 3 to 6 Months Debt Index, subject to tracking errors. It offers Growth and IDCW options under Direct and Regular plans.

Axis CRISIL-IBX AAA Bond NBFC-HFC – Jun 2027 Index Fund

Axis CRISIL-IBX AAA Bond NBFC-HFC – Jun 2027 Index Fund is an open-ended index fund aiming to deliver returns aligned with the CRISIL-IBX AAA NBFC-HFC Index – Jun 2027, subject to tracking error. It offers Growth and IDCW options under Direct and Regular plans.

Bajaj Finserv Healthcare Fund

Bajaj Finserv Healthcare Fund is an open-ended sectoral fund focused on generating long-term capital appreciation by investing primarily in equity and equity-related securities of pharmaceutical, healthcare, and allied companies. It offers Growth and IDCW options under Direct and Regular plans.

Baroda BNP Paribas Childrens Fund

Baroda BNP Paribas Children’s Fund is an open-ended fund aiming for long-term growth by primarily investing in equity and equity-related instruments. It offers Growth and IDCW options under Direct and Regular plans.

Aditya Birla Sun Life Conglomerate Fund

Aditya Birla Sun Life Conglomerate Fund is an open-ended sectoral fund aiming for long-term capital appreciation by investing in equity and related securities of companies following a conglomerate theme. It offers Growth and IDCW options under Direct and Regular plans.

Samco Multi Asset Allocation Fund

Samco Multi Asset Allocation Fund is an open-ended multi-asset allocation fund aiming for long-term capital appreciation. It invests in a diversified portfolio of equities, debt, money market instruments, commodity derivatives, Gold ETFs, Silver ETFs, and units of REITs/InvITs. 

SBI Quant Fund

SBI Quant Fund is an open-ended sectoral fund aiming for long-term capital appreciation. It invests in equity and equity-related instruments selected using a quantitative model. The fund offers Growth and IDCW options under Direct and Regular plans.

Kotak Nifty 100 Equal Weight Index Fund

Kotak Nifty 100 Equal Weight Index Fund is an open-ended index fund aiming to deliver returns aligned with the Nifty 100 Equal Weight Index, subject to tracking errors. It offers Growth and IDCW options under Direct and Regular plans.

Kotak Nifty 50 Equal Weight Index Fund

Kotak Nifty 50 Equal Weight Index Fund is an open-ended index fund aiming to replicate the returns of the Nifty 50 Equal Weight Index, subject to tracking errors. It offers Growth and IDCW options under Direct and Regular plans.

Quantum Ethical Fund

Quantum Ethical Fund is an open-ended fund aiming for long-term capital appreciation by investing in equities of companies adhering to ethical principles. It offers Growth options under Direct and Regular plans.

Bank of India Consumption Fund

Bank of India Consumption Fund is an open-ended fund aiming for long-term capital appreciation by investing in equities of companies within the consumption and allied sectors. It offers Growth and IDCW options under Direct and Regular plans.

Union Active Momentum Fund

Union Active Momentum Fund is an open-ended fund aiming for long-term capital appreciation by investing in momentum stocks that demonstrate superior price performance trends. The portfolio is selected, weighted, and rebalanced using proprietary screens. It offers Growth and IDCW options under Direct and Regular plans.

Invesco India Multi Asset Allocation Fund

Invesco India Multi Asset Allocation Fund is an open-ended fund aiming to generate long-term capital appreciation or income through an actively managed portfolio across multiple asset classes. It offers Growth and IDCW options under Direct and Regular plans.

DSP Business Cycle Fund

DSP Business Cycle Fund is an open-ended fund aiming for long-term capital appreciation by investing in equities with a focus on leveraging business cycles through dynamic allocation across sectors, themes, and stocks. It offers Growth and IDCW options under Direct and Regular plans.

Groww Multicap Fund

Groww Multicap Fund is an open-ended multi-cap fund aiming for long-term capital appreciation by investing primarily in equity and related instruments across large, mid, and small-cap companies. It offers Growth and IDCW options under Direct and Regular plans.

Motilal Oswal Nifty Capital Market Index Fund

Motilal Oswal Nifty Capital Market Index Fund is an open-ended index fund aiming to replicate the performance of the Nifty Capital Market Total Return Index before expenses, subject to tracking errors. It offers Growth options under Direct and Regular plans.

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.