Two major mutual fund houses have filed draft documents with SEBI for new equity scheme launches this week. Abakkus Mutual Fund has proposed the open-ended Abakkus Large & Mid Cap Fund, which aims to generate long-term capital appreciation through investments predominantly in large-cap and mid-cap stocks. The NFO will be offered at ₹10 per unit with a minimum investment of ₹500, and will be benchmarked against the NIFTY Large Midcap 250 TRI. The scheme carries no entry load and a 1% exit load for redemptions within six months of allotment.
HDFC Mutual Fund has announced revised creation unit sizes for six ETF schemes, effective June 22, 2026. Among the significant changes, the creation unit size for HDFC NIFTY Private Bank ETF has been reduced to 25,000 units from 75,000 units, while HDFC NIFTY Bank ETF's unit size has been lowered to 12,500 units from 62,500 units. The AMC confirmed that all other scheme features remain unchanged following these operational adjustments.
Baroda BNP Paribas Mutual Fund has revised the base Total Expense Ratio (TER) for its Arbitrage Fund, effective June 23, 2026. The TER for the Direct Plan has been increased to 0.32% from 0.25%, while the Regular Plan TER has been raised to 0.97% from 0.91%. This pricing revision affects the expense structure for the fund's two plan variants, reflecting changes in operational costs or fund management approach. The revision follows the updated SEBI regulations effective from April 1, 2026.
Quantum Mutual Fund has filed documents with SEBI to launch the open-ended Quantum Flexi Cap Fund, which will invest across large-, mid- and small-cap stocks to generate long-term capital appreciation. The scheme will be benchmarked against the BSE 500 TRI and will be available at an NFO price of ₹10 per unit. Investors can participate with a minimum investment of ₹500, positioning it as a diversified equity fund offering exposure across different market capitalizations.
Motilal Oswal Midcap Fund has demonstrated strong long-term performance with ₹36,458 crores in assets under management as of May 31, 2026, maintaining its position as a medium-sized fund in its category. The fund has delivered 19.98% average annual returns since its launch on February 3, 2014, though recent performance shows a -6.37% return over the last year. With an expense ratio of 1.54% and a current NAV of ₹94.32 as of June 18, 2026, the fund carries a 1.0% exit load for redemptions within 365 days, making it suitable for investors with a medium to long-term investment horizon.
