Mutual fund NFO: Only one passive fund will open for subscription this week. Check details
Only one passive fund will open for subscription this week. Mutual funds continue to launch new funds to complete their bouquet of offerings. Here is a detailed breakup (Source: ACE MF).
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, ET Online|
Dec 28, 2025, 09:25:51 AM IST
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New fund in the pipeline
Only one passive fund will open for subscription this week. Mutual funds continue to launch new funds to complete their bouquet of offerings. Here is a detailed breakup (Source: ACE MF).
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Subscription period
The new fund offer (NFO) of the fund will open for subscription on January 2 and close on January 15.
ANI
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Benchmark and fund manager
The performance of the fund will be benchmarked against the Nifty 500 Total Return Index and it will be managed by Swapnil Mayekar and Rakesh Shetty.
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Subscription amount
The minimum subscription amount for a lump sum investment will be Rs 500 and in multiples of Re 1 thereafter. For monthly SIPs, the minimum investment will be Rs 500 and in multiples of Re 1 thereafter, with a minimum of 12 instalments
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Allocation of assets
The fund will invest 95–100% in units of passively managed domestic equity ETFs and index funds, and 0–5% in debt and money market instruments, cash and cash equivalents.
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Suitability
This product is suitable for investors seeking long-term capital growth and an investment solution that predominantly invests in passive funds such as ETFs and index funds of equity and equity-related instruments, offering diversified exposure across all market capitalisation segments.
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