Mutual Fund Update: Upcoming New Fund Offers (NFO)

As of now, there are two funds that are open for subscription. However, there are funds that have filed the draft offer document with the Securities and Exchange Board of India (SEBI). Below is the list of funds that are waiting for SEBI’s approval. Kindly click on the respective fund name to access their draft scheme information document (SID).

The above table shows you the list of funds that have filed their draft SID with SEBI and are pending for its approval in the month of October 2020 till now. We can see that majority of funds are from Kotak Mutual Fund. And in the month of November, we have two exchange-traded funds (ETF) from Axis Mutual Fund. In the case of Kotak, almost all are fund of funds (FOF) except for Kotak IT ETF.