New Fund Offer :These days, many mutual fund companies are bringing their New Fund Offer (NFO) in the market. The reason behind this is that the craze of NFO is increasing among investors just like IPO. Through NFO, a mutual fund company i.e. asset management company sells units to investors for the first time in a new scheme. During the period of NFO, investors can buy the units of that mutual fund scheme at face value, which is usually fixed at Rs 10 per unit. The purpose of NFO is to raise funds from investors to invest in a specific asset class or sector. If you are also looking for such a scheme for investment, then there are many options in the next few days.
SIP in Index funds: Top 5 index funds, track record of high returns in every phase, SBI and HDFC mutual fund schemes also in the list
Nippon India Nifty 500 Momentum 50 Index Fund
NFO Duration: September 11 to September 25
Category : Equity Flexi Cap
Benchmark : Nifty 500 Momentum 50 TRI
Minimum investment: Rs 1000, after which you can invest any amount in multiples of Rs 1, SIP facility is also available
Exit Load : Nil
Lock in Period : Nil
Investment Strategy: The fund is a passively managed index fund that will implement an investment strategy designed to track the performance of Nifty 500 Momentum 50 TRI.
SIP Stars: 10 mutual funds with the strongest rating, all made 10 thousand SIP into 50 lakhs, became toppers for 10 years
SBI Nifty 500 Index Fund
NFO Duration: September 17 to September 24
Category : Equity Flexi Cap
Benchmark : Nifty 500 Index
Minimum investment: Rs 5000, after which you can invest any amount in multiples of Rs 1, SIP facility is also available
Exit Load: 0.25% on redemption within 15 days
Lock in Period : Nil
Investment Strategy: The scheme will invest a minimum of 95% and a maximum of 100% of its assets primarily in Nifty 500 index stocks and up to 5% in Government Securities (viz. G-Secs, SDLs, Treasury Bills).
SSY: I am ready to deposit Rs 55000 every year in Sukanya Scheme, how much fund will I get on maturity, calculate immediately
HDFC Nifty LargeMidcap 250 Index Fund
NFO Duration : 20 September to 04 October
Category : Equity Large & Midcap
Benchmark : NIFTY Large Midcap 250 TRI
Minimum investment: Rs 100
Exit Load : Nil
Lock in Period : Nil
Investment Strategy: This index will include top 100 largecap and 150 midcap companies listed on NSE.
Bandhan Business Cycle Fund
NFO Duration: September 10 to September 24
Category : Equity Thematic
Benchmark : NIFTY 500 TRI
Minimum investment: Rs 1000, after which you can invest any amount in multiples of Rs 1, SIP facility is also available
Exit Load: 0.50% on redemption within 30 days
Lock in Period : Nil
Investment Strategy: 80-100% allocation in equity and equity-related options, 0-20% in equity and equity-related foreign securities, 0-20% in debt securities and money market options and 0-10% in units issued by REITs and InvITs.
Give the power of top up to SIP, after 15 years your wealth will increase by 25 lakhs every year, this is the magic of compounding
HSBC India Export Opportunities Fund
NFO Duration: September 5 to September 19
Category : Equity Thematic
Benchmark : NIFTY 500 TRI
Minimum investment: Rs 1000, after which you can invest any amount in multiples of Rs 1, SIP facility is also available
Exit Load: 1% on redemption within 1 year
Lock in Period : Nil
Investment Strategy: The fund aims to invest 80% to 100% of its total assets in equity and equity-related securities of companies that benefit from the export of goods or services.
(Disclaimer: The purpose of this article is only to provide information, it is not an advice to invest in any scheme. Take any investment decision only after getting complete information about the scheme and taking the advice of your investment advisor.)
