A comprehensive range of new fund offers (NFOs) from major mutual fund houses is currently available for subscription this week. According to reports from Personal Finance News and Angel One, these NFOs span different emerging sectors and themes, targeting various investor segments as the mutual fund investor base continues to grow in the country. An NFO represents the first opportunity for investors to invest in a newly launched scheme, offering units of a new fund to investors for the first time.
The HDFC Nifty Metal ETF FoF opened for subscription on July 20, 2026, with a closing date of July 24, 2026. As reported by Business Standard, this open-ended fund of funds invests in units of the HDFC Nifty Metal ETF and is benchmarked against the NIFTY Metal TRI. The scheme is categorized under Equity – Sectoral/Other and is managed by Arun Agarwal and Nandita Menezes. The fund's investment objective is to generate returns by investing predominantly in units of the HDFC Nifty Metal ETF, with the scheme not investing directly in shares of metal companies. Investors can subscribe with a minimum investment of ₹100 under the Growth plan, with no lock-in period. The scheme has been assigned a 'Very High' risk rating under the Riskometer, indicating it carries risks associated with sector-focused equity investments. An exit load of 1% will be charged if units are redeemed within 15 days from the date of allotment, with no exit load applying on redemptions made after the 15-day period.
The country's first insurance ETF opened for subscription on July 20, 2026, with a closing date of July 28, 2026. According to Personal Finance News, this scheme is benchmarked against the BSE Insurance Index, which comprises insurance companies within the BSE 1000 universe. The fund is managed by Nishit Patel, Ashwini Bharucha, and Venus Ahuja, and targets investors bullish on India's insurance sector growth prospects. The minimum application amount during the NFO is ₹1,000.
The HDFC Nifty 500 TRI Fund NFO will open on July 21, 2026 and close on August 4, 2026. As reported by Personal Finance News, this scheme aims to generate long-term capital appreciation by investing in equity and equity-related instruments across market capitalizations. The scheme is benchmarked against the Nifty 500 TRI and is managed by Ravneet Singh. The minimum investment amount is ₹500.
The SBI Nifty Midcap 150 Momentum 50 Fund NFO from SBI Funds Management will open on July 22, 2026 and close on August 4, 2026. According to Personal Finance News, this scheme is benchmarked against the Nifty Midcap 150 Momentum 50 TRI and is managed by Viral Chhadva. The fund aims to provide returns that closely correspond to those of the SBI Nifty MidCap 150 Momentum 50 ETF. The minimum investment amount is ₹5,000.
