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 OpenMarch 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).