Three major mutual fund houses have announced new fund offerings across different investment categories. According to reports from Personal Finance News, Mirae Asset Mutual Fund has launched the BSE LargeMid (60:40) Stable Dividend 50 ETF, while DSP Mutual Fund introduced the Nifty 10 YR Benchmark G-Sec ETF. Bandhan Mutual Fund has launched the Bandhan Contra Fund, following a contrarian investment strategy.
The Mirae Asset BSE LargeMid (60:40) Stable Dividend 50 ETF is an open-ended scheme tracking the BSE LargeMid (60:40) Stable Dividend 50 Total Return Index. As reported by Personal Finance News, the NFO opens for subscription on August 10, 2026, and closes on August 12, 2026. The scheme has no Entry Load and nil Exit Load. The minimum subscription amount is ₹5,000, with subsequent investments in multiples of Re. 1. Fund managers Ekta Gala and Vishal Singh will manage the scheme. The investment objective aims to generate returns, before expenses, that are commensurate with the performance of the BSE LargeMid (60:40) Stable Dividend 50 Index, subject to tracking error, with no assurance that the investment objective will be achieved.
The DSP Nifty 10 YR Benchmark G-Sec ETF tracks the Nifty 10 yr Benchmark G-Sec Index and carries relatively high interest rate risk with relatively low credit risk. According to Personal Finance News, the NFO opens on August 10, 2026, and closes on August 12, 2026. The scheme has no Entry Load and nil Exit Load. The minimum subscription amount is ₹5,000, with subsequent investments in multiples of Re. 1. Fund managers Anil Ghelan, Diipesh Shah and Neha Rathi will manage the scheme.
The Bandhan Contra Fund is an open-ended equity scheme following a contrarian investment strategy. As reported by Personal Finance News, the NFO opens for subscription on August 10, 2026, and closes on August 24, 2026. The scheme has no Entry Load and 0.5% of NAV Exit Load if redeemed within 30 days from allotment, with nil Exit Load after 30 days. The minimum subscription amount is ₹1,000, with subsequent investments of any amount. The scheme will be benchmarked against the BSE 500 Total Return Index (TRI).
All three schemes have been structured with specific investment objectives and management teams. According to Personal Finance News, the Mirae Asset ETF aims to generate returns commensurate with the BSE LargeMid (60:40) Stable Dividend 50 Total Return Index performance, with no assurance that the investment objective will be achieved. The DSP G-Sec ETF seeks to track the Nifty 10 yr Benchmark G-Sec Index and generate returns that match the underlying index performance. The Bandhan Contra Fund targets capital appreciation through a diversified portfolio of equity and equity-related instruments using a contrarian strategy.
