Nine new mutual funds will be launched this week. AMCs introduce new funds to expand and diversify their investment options.
Shivani Verma | Feb 24, 2025 |
Mutual Fund Alert: 9 New Mutual Funds Launching This Week
A mutual fund is a company that collects money from many interested investors and invests the money in stocks, bonds and other assets. This helps investors grow their money without having to manage investments on their own.
Nine new mutual funds will be launched this week. Asset Management Companies (AMCs) introduce new funds to expand and diversify their investment options.
The fund follows an equal-weighted approach, which means each stock in the index gets the same allocation. It is an open-ended fund and is classified under the Other ETFs category.
The Mirae Asset BSE 200 Equal Weight ETF will be open for subscription from February 24 to March 5.
This ETF follows the BSE Select IPO Index, which includes newly listed companies.
The Mirae Asset BSE Select IPO ETF will be open for subscription from February 24 to March 5.
The fund is a debt fund that invests in government securities and state development loans (SDLs) based on the CRISIL-IBX 10:90 Gilt + SDL Index. This fund has a fixed maturity date of December 31, 2029.
This fund is going to open for subscription on February 25 and will close on March 5.
Motilal Oswal Active Momentum is a mutual fund that focuses on generating returns through investing in companies with strong momentum.
The Mirae Asset BSE Select IPO ETF will be open for subscription from February 24 to March 10.
The Franklin India Low Duration Fund is a debt mutual fund from Franklin Templeton Mutual Fund. It mainly invests in short-term debt securities and money market instruments, making it a good option for those who are looking for stable returns with lower risk
Franklin India Low Duration Fund is going to open for subscription on February 25 and will close on March 5.
Mirae Asset BSE 200 Equal Weight ETF FoF is going to open for subscription from February 25 to March 11.
The Mirae Asset BSE Select IPO ETF will follow a passive investment approach, meaning it will invest in stocks in the same proportion as they are in the BSE Select IPO Index.
The fund is going to open for subscription from February 25 to March 11.
The fund is an index of the top 100 companies from the Nifty Smallcap 250 index.
Navi Nifty Smallcap 250 Momentum Quality 100 Index is going to open on February 25 and close on March 10.
The fund is a mutual fund that invests in equity, debt, and money market instruments to offer capital growth.
WhiteOak Capital Equity Savings Fund is going to open to subscription on February 25 and close on March 5.
The scheme focuses on generating investment returns that closely match the performance of the Nifty AAA Financial Services Bond Mar 2028 Index, while accounting for minor differences due to tracking errors.
The fund will be going to open for subscription on February 27 and close on March 4.
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