Current Mutual Fund New Fund Offer - Pune
Take a look at the latest Mutual Fund offerings from various AMCs
Kotak Silver ETF Fund of Fund
Issue Open – March 13, 2023 (Monday)
Closes on – March 27, 2023 (Monday)
MINIMUM INVESTMENT DURING NFO:
Initial Purchase: Rs. 5,000 and in multiples of Rs 1 for purchase.
SCHEME TYPE:
An open ended fund of fund scheme investing in units of Kotak Silver ETF.
EXIT LOAD :
• For redemption/switch- out of units on or before 30 days from the date of allotment: 0.5% of applicable NAV.
• For redemption/switch- out of units after 30 days from the date of allotment: NIL
BENCHMARK:
Price of silver (based on LBMA daily spot fixing price)
SBI Dividend Yield Fund
NFO Start Date – 20 Feb 2023
NFO Close Date – 6 Mar 2023
Minimum Investment – 5,000
HDFC MNC Fund
NFO Start Date – 17 Feb 2023
NFO Close Date – 3 Mar 2023
Minimum Investment – 5,000
Scheme Category – Sectorial/Thematic
IDFC Nifty IT Index Fund
NFO Start Date – 27 Feb 2023
NFO Close Date – 13 Mar 2023
Minimum Investment – 5,000
Scheme Category – Equity-Index
Kotak FMP Series 307
NFO Start Date – 24 Feb 2023
NFO Close Date – 28 Feb 2023
Minimum Investment – 5,000
Scheme Category -Debt-Income
NFO Pune Distributor
Rajendra 7719917444
What is a New Fund Offer (NFO) ?
To raise money for a certain scheme, mutual funds issue new fund offers (NFOs) of units in the markets.
Depending on the type of fund, the money may be raised for a set period of time (closed-ended fund) or it may be raised continuously with the possibility for investors to withdraw their money at any time at the current value of their units (Open- ended fund).