New Fund Offer: If you invest in mutual funds then this news can be important for you. In fact, the new fund offers (NFO) of a total of 09 mutual funds are being closed in the next Monday, starting next Monday. Let’s know one by one.
SBI Nifty IT Index Fund Direct Growth
The NFO of this fund is going to be closed on 17 February. This NFO was launched on 4 February. The allotment of this NFO can be done on 21 February 2025. You can do SIP in this fund with 500 rupees. On the other hand, if you want to invest lumpsum, then you will have to invest a minimum of Rs 5000.
Edelweiss CRISIL IBX AAA Bond NBFC HFC Jun 2027 Index Fund Direct Growth
The NFO of this fund is going to be closed on 17 February. This NFO was launched on 10 February. The allotment of this NFO can be done on 21 February 2025. You can do SIP in this fund with 500 rupees. On the other hand, if you want to invest lumpsum, then you will have to invest a minimum of Rs 100.
ITI Bharat Consumption Fund Direct Growth
The NFO of this fund is going to be closed on 20 February. This NFO was launched on 6 February. The allotment of this NFO can be done on 28 February 2025. You can do SIP in this fund with 500 rupees. On the other hand, if you want to invest lumpsum, then you will have to invest a minimum of Rs 5000.
Bajaj Finserv Multi Cap Fund Direct Growth
The NFO of this fund is going to be closed on 20 February. This NFO was launched on 6 February. The allotment of this NFO can be done on 27 February 2025. You can do SIP in this fund with 500 rupees. On the other hand, if you want to invest lumpsum, then you will have to invest a minimum of 500 rupees.
Invesco India Business Cycle Fund Direct Growth
The NFO of this fund is going to be closed on 20 February. This NFO was launched on 6 February. The allotment of this NFO can be done on 27 February 2025. You can do SIP in this fund with 500 rupees. On the other hand, if you want to invest lumpsum, then you will have to invest a minimum of Rs 1000.
HSBC Financial Services Fund Direct Growth
The NFO of this fund is going to be closed on 20 February. This NFO was launched on 6 February. The allotment of this NFO can be done on 27 February 2025. You can do SIP in this fund with 500 rupees. On the other hand, if you want to invest lumpsum, then you will have to invest a minimum of Rs 5000.
Mahindra Manulife Value Fund Direct Growth
The NFO of this fund is going to be closed on 21 February. This NFO was launched on 7 February. The allotment of this NFO can be done on 3 March 2025. You can do SIP in this fund with 500 rupees. On the other hand, if you want to invest lumpsum, then you will have to invest a minimum of Rs 1000.
Groww Nifty 200 ETF FoF Direct Growth
The NFO of this fund is going to be closed on 21 February. This NFO was launched on 7 February. The allotment of this NFO can be done on 3 March 2025. You can do SIP in this fund with 100 rupees. On the other hand, if you want to invest lumpsum, then you will have to invest a minimum of 500 rupees.
Angel One Nifty Total Market Index Fund Direct Growth
The NFO of this fund is going to be closed on 21 February. This NFO was launched on 10 February. The allotment of this NFO can be done on 28 February 2025. You can do SIP in this fund with 1000 rupees. On the other hand, if you want to invest lumpsum, then you will have to invest a minimum of Rs 1000.