Kolkata: The stock market is passing through an extended period of volatility. Investor spirit is so low that about 150 companies, after bagging the approval from market regulator Sebi, is waiting to float IPOs or initial public offerings. However, as many as eight mutual fund NFOs are open right now. These are mostly passive equity funds. These are Axis Nifty Capital Markets Index Fund, DSP Nifty FMCG ETF, Edelweiss Nifty Next 50 ETF, Groww Nifty Private Bank ETF, Groww Nifty Private Bank Index Fund, Motilal Oswal Contra Fund, SBI Nifty Smallcap 250 ETF and SBI Nifty 200 Value 30 ETF.
Axis Nifty Capital Markets Index Fund
Objective of Scheme: To provide returns before expenses that correspond to the performance of Nifty Capital Markets TRI subject to tracking error. There is no assurance that the investment objective of the scheme will be achieved.
Scheme Type: Open Ended
Scheme Category: Index Funds
NFO closure date: May 15, 2026
Exit Load: If redeemed/ switched out within 15 days from the date of allotment: 0.25%
If redeemed/ switched out after 15 days from the date of allotment: Nil
Minimum subscription amount: Rs 100 and multiples of Re 1 thereafter
DSP Nifty FMCG ETF
Objective of Scheme: The investment objective of the Scheme is to generate returns that are commensurate with the performance of the Nifty FMCG Index, subject to tracking error.
Scheme Type: Open Ended
Scheme Category: ETFs
NFO closure date: May 14, 2026
Minimum subscription amount: Rs 5000
Edelweiss Nifty Next 50 ETF
Objective of Scheme: The investment objective of the scheme is to generate returns that are in line with the performance of the Nifty Next 50 Total Return Index, subject to tracking errors. There is no assurance or guarantee that the investment objective of the scheme will be achieved.
Scheme Type: Open Ended
Scheme Category: ETF
NFO closure date: May 14, 2026
Minimum Subscription Amount: Rs 5,000 and in multiples of Re 1 thereafter
Groww Nifty Private Bank ETF
Objective of Scheme: The investment objective of the Scheme is to generate long-term capital growth by investing in securities of the Nifty Private Bank Index in the same proportion/weightage with an aim to provide returns before expenses that track the total return of Nifty Private Bank Index, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.
Scheme Type: Open Ended
Scheme Category: ETFs
NFO Closure Date: May 20, 2026
Minimum Subscription Amount: Rs 500 and in multiples of Re 1 thereafter
Groww Nifty Private Bank Index Fund
Objective of Scheme: The investment objective of the Scheme is to generate long-term capital growth by investing in securities of the Nifty Private Bank Index in the same proportion/weightage with an aim to provide returns before expenses that track the total return of Nifty Private Bank Index, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved
Scheme Type: Open Ended
Scheme Category: Index Funds
NFO closure date: May 20, 2026
Minimum Subscription Amount: Rs 500 and in multiples of Re 1 thereafter
Motilal Oswal Contra Fund
Objective of Scheme: To achieve long term capital appreciation by predominantly investing in equity and equity related instruments through contrarian strategy. However, there is no assurance that the investment objective of the scheme will be realized.
Scheme Type: Open Ended
Scheme Category: Equity Scheme
NFO Closure Date: May 22, 2026
Minimum Subscription Amount: Rs 500 and in multiples of Re 1 thereafter
SBI Nifty Smallcap 250 ETF
Objective of Scheme: The investment objective of the scheme is to provide returns that, closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved.
Scheme Type: Open Ended
Scheme Category: ETFs
NFO closure date: May 18, 2026
Minimum Subscription Amount: Rs 5,000 and in multiples of Re 1 thereafter
SBI Nifty 200 Value 30 ETF
Objective of Scheme: The investment objective of the scheme is to provide returns that, closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved.
Scheme Type: Open Ended
Scheme Category: ETFs
NFO Closure Date: May 18, 2026
Minimum Subscription Amount: Rs 5,000 and in multiples of Re 1 thereafter
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