Mutual Funds
New Fund Offers,open & upcoming.
Every new mutual fund open for investment today, straight from AMFI — what each fund aims to do, how long it stays open and the minimum to invest.
NFO tracker
New funds, open now.
Live from AMFI · refreshed every hour · 3 November 2026
For information only — not a recommendation. New fund offers are listed from AMFI’s official NFO list as soon as it is published. Always read the scheme document before investing.
Just launched
Recently launched — now open
New open-ended schemes that completed their NFO in the last two months and now accept investments, with their latest NAV.
| Fund | Category | First NAV | Latest NAV |
|---|---|---|---|
SBI BSE India Defence ETF SBI Mutual Fund · Regular plan, growth | Exchange Traded Funds (ETFs) — Equity ETF | 28 Oct 2026 | ₹73.9968 as of 2 Nov 2026 |
quant Nifty 100 Index Fund quant Mutual Fund · Regular plan, growth | Index Funds — Equity Funds | 29 Oct 2026 | ₹10.2918 as of 2 Nov 2026 |
quant Nifty Midcap 150 Index Fund quant Mutual Fund · Regular plan, growth | Index Funds — Equity Funds | 29 Oct 2026 | ₹10.0792 as of 2 Nov 2026 |
quant Nifty 50 Index Fund quant Mutual Fund · Regular plan, growth | Index Funds — Equity Funds | 29 Oct 2026 | ₹10.3055 as of 2 Nov 2026 |
Aditya Birla Sun Life Financial Services Sectoral Debt Fund Aditya Birla Sun Life Mutual Fund · Regular plan, growth | Income/Debt — Sectoral Fund | 16 Oct 2026 | ₹10.0262 as of 2 Nov 2026 |
JioBlackRock Income Plus Arbitrage Omni FOF Jio BlackRock Mutual Fund · Regular plan, growth | Fund of Funds (Domestic) | 29 Oct 2026 | ₹10.0257 as of 2 Nov 2026 |
Kotak Nifty 500 Index Fund Kotak Mahindra Mutual Fund · Regular plan, growth | Index Funds — Equity Funds | 29 Oct 2026 | ₹10.287 as of 2 Nov 2026 |
HDFC Nifty LargeMidcap250 Plus 8-13 yr G-sec 70:30 Index Fund HDFC Mutual Fund · Regular plan, growth | Index Funds — Hybrid Fund | 23 Oct 2026 | ₹10.2951 as of 2 Nov 2026 |
Nippon India CRISIL-IBX FAR Gilt ETF Nippon India Mutual Fund · Regular plan, growth | Exchange Traded Funds (ETFs) — Other ETF | 15 Oct 2026 | ₹132.7077 as of 2 Nov 2026 |
Carnelian Liquid Fund Carnelian Mutual Fund · Regular plan, growth | Income/Debt — Liquid Fund | 19 Oct 2026 | ₹1,003.0844 as of 2 Nov 2026 |
Mirae Asset Life Cycle Fund 2056 Mirae Asset Mutual Fund · Regular plan, growth | Life Cycle Funds — Life Cycle Fund with Maturity of 30 Years | 21 Oct 2026 | ₹10.075 as of 2 Nov 2026 |
Aditya Birla Sun Life BSE Total Market Index Fund Aditya Birla Sun Life Mutual Fund · Regular plan, growth | Index Funds — Equity Funds | 23 Oct 2026 | ₹10.2346 as of 2 Nov 2026 |
NAV data: AMFI via MFAPI (mfapi.in). Past NAV is not an indicator of future performance. For information only, not a recommendation.
Understand it first
What is an NFO?
A New Fund Offer (NFO) is the first subscription window for a new mutual fund scheme, usually open for one to two weeks. Units are typically offered at ₹10 each.
A low NFO price does not make a fund cheap — what matters is the strategy, the category, the fund manager’s process and how the fund fits your existing portfolio.
Before you invest, consider
- Does the fund offer something your portfolio genuinely lacks?
- New funds have no performance track record to evaluate.
- Thematic and sectoral NFOs carry concentration risk.
- Check the expense ratio, exit load and lock-in (if any).
Frequently asked
Is ₹10 NAV in an NFO a bargain?
No. The NAV only reflects the value of the underlying holdings. A ₹10 NAV fund and a ₹500 NAV fund with the same holdings would grow at the same rate.
Can I start a SIP in an NFO?
Many open-ended NFOs allow you to register a SIP that begins after the scheme reopens for continuous subscription.
Are closed-ended NFOs and FMPs different?
Yes. Closed-ended schemes and fixed maturity plans can only be bought during the NFO and have a fixed tenure, so liquidity is limited.
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