New Fund Offer to Open: October 10, 2024 is a big day in terms of New Fund Offer (NFO). 3 new mutual fund schemes (new fund offers) are going to be opened on the same day. Of these, 2 NFOs are of Mirae Asset Mutual Fund and one NFO is of Helios Mutual Fund. Through these new mutual fund schemes, you will have the opportunity to invest in stocks included in Nifty 50 and Nifty LargeMidCap 250 indexes. If you invest in NFO then you should know the details about all three schemes.
Mutual Fund Return: 10 mutual fund schemes which give more than 65% profit in 1 year, also champion in long term SIP returns
Mirae Asset Nifty 50 Index Fund
The New Fund Offer (NFO) of Mirae Asset Mutual Fund, Mirae Asset Nifty 50 Index Fund will open from October 10 to October 18. This is an open ended equity scheme, which will track NIFTY 50 TRI. This fund will include stocks of Nifty 50 i.e. top 50 companies in its portfolio.
Scheme details
Issue Open Date: October 10, 2024
Issue Close Date: October 18, 2024
Category: Equity Largecap
Minimum investment: Rs 5000
Lock in period: none
Exit load: none
Benchmark : NIFTY 50 TRI
PPF Special Rule: Invest in PPF for 20 years instead of 15, then you will earn Rs 40 thousand every month, the balance in the account will remain 66 lakhs.
Mirae Asset Nifty LargeMidcap 250 Index Fund
The New Fund Offer (NFO) of Mirae Asset Mutual Fund, Mirae Asset Nifty LargeMidcap 250 Index Fund will open from October 10 to October 18. This is an open ended equity scheme, which will track NIFTY Large Midcap 250 TRI. This fund will select stocks for its portfolio from the top 250 i.e. 100 largecaps and then 150 midcaps.
Scheme details
Issue Open Date: October 10, 2024
Issue Close Date: October 18, 2024
Category : Equity Large and Midcap
Minimum investment: Rs 5000
Lock in period: none
Exit load: none
Benchmark: NIFTY Large Midcap 250 TRI
SIP in Top Funds: Top largecap fund turns lump sum investment of Rs 1 lakh into Rs 10 lakh, SIP of Rs 10,000 gives Rs 1 crore
Helios Large & Mid Cap Fund
The New Fund Offer (NFO) of Helios Mutual Fund, Helios Large & Mid Cap Fund will be open from 10 October 2024 to 24 October 2024. This is an open ended equity scheme, whose benchmark is NIFTY Large Midcap 250 TRI. This new scheme of mutual fund will mainly invest in stocks of large cap and mid cap companies.
SIP Return: Your SIP strategy will also become a superhit, if not 10 years then not even 10 minutes, remember Warren Buffett’s mantra
Special things related to NFO
NFO Open Date : 10 October 2024
NFO Close Date: 24 October 2024
Category : Equity Large and Midcap
Minimum investment: Rs 5000
Lock in period: none
Exit load: 1% if redeemed within 3 months
Benchmark: NIFTY Large Midcap 250 TRI
(Note: We have given information about the new scheme of mutual fund here. It is not guaranteed whether the old return of the index will continue in future or not. It may or may not continue in the future. There is risk in the market. Therefore, take expert advice before investing.)
