What is an NFO? A New Fund Offer is the first time a mutual fund scheme is sold to the public, usually at ₹10 a unit, before it starts regular trading. New does not mean better or cheaper. Check what it owns, what it costs, and whether you already hold something similar.
Reviewed by Krishna Vriddhi Capital research desk. Sources: AMC offer documents and sebi.gov.in.
NFOs open and upcoming
| Status | Scheme | Category | Offer period | Minimum | Offer document | Your portfolio |
|---|---|---|---|---|---|---|
| Open | Carnelian Small Cap Fund |
Equity Schemes – Small Cap Fund | 16 Oct 2026 to 30 Oct 2026 | ₹500 | Scheme information document for Carnelian Small Cap Fund (opens in a new tab) | Check overlap with my funds |
| Open | Axis Nifty EV & New Age Automotive Index Fund |
Index Funds – Equity Funds | 16 Oct 2026 to 30 Oct 2026 | ₹100 | Scheme information document for Axis Nifty EV & New Age Automotive Index Fund (opens in a new tab) | Check overlap with my funds |
| Open | Samco Equity Savings Fund |
Hybrid Schemes – Equity Savings Fund | 19 Oct 2026 to 2 Nov 2026 | ₹5,000 | Scheme information document for Samco Equity Savings Fund (opens in a new tab) | Check overlap with my funds |
| Open | Choice Large & Mid Cap Fund |
Equity Schemes – Large & Mid Cap Fund | 20 Oct 2026 to 3 Nov 2026 | ₹1,000 | Scheme information document for Choice Large & Mid Cap Fund (opens in a new tab) | Check overlap with my funds |
| Open | Navi Mutli Asset Omni FoF |
Fund of Funds Scheme (Domestic) – Fund of Funds Scheme (Domestic) | 19 Oct 2026 to 4 Nov 2026 | ₹100 | Scheme information document for Navi Mutli Asset Omni FoF (opens in a new tab) | Check overlap with my funds |
| Open | Motilal Oswal Multi Asset Omni Fund of Funds |
Open Ended | 21 Oct 2026 to 4 Nov 2026 | ₹500 | Scheme information document for Motilal Oswal Multi Asset Omni Fund of Funds (opens in a new tab) | Check overlap with my funds |
| Open | UTI Nifty India New Age Consumption Index Fund |
Index Funds – Equity Funds | 22 Oct 2026 to 5 Nov 2026 | ₹1,000 | Scheme information document for UTI Nifty India New Age Consumption Index Fund (opens in a new tab) | Check overlap with my funds |
| Closed | Mirae Asset Fixed Maturity Plan – Series VI– 3 to 6 Months |
Income/Debt Oriented Schemes – Fixed Term Plan | 22 Oct 2026 to 27 Oct 2026 | ₹5,000 | Scheme information document for Mirae Asset Fixed Maturity Plan – Series VI– 3 to 6 Months (opens in a new tab) | |
| Closed | Zerodha BSE TOP 10 BANKS ETF |
Exchange Traded Funds (ETFs) – Equity ETF | 12 Oct 2026 to 26 Oct 2026 | ₹1,000 | Scheme information document for Zerodha BSE TOP 10 BANKS ETF (opens in a new tab) | |
| Closed | quant Nifty Midcap 150 Index Fund |
Index Funds – Equity Funds | 12 Oct 2026 to 26 Oct 2026 | ₹5,000 | Scheme information document for quant Nifty Midcap 150 Index Fund (opens in a new tab) | |
| Closed | quant Nifty 50 Index Fund |
Index Funds – Equity Funds | 12 Oct 2026 to 26 Oct 2026 | ₹5,000 | Scheme information document for quant Nifty 50 Index Fund (opens in a new tab) | |
| Closed | quant Nifty 100 Index Fund |
Index Funds – Equity Funds | 12 Oct 2026 to 26 Oct 2026 | ₹5,000 | Scheme information document for quant Nifty 100 Index Fund (opens in a new tab) | |
| Closed | Motilal Oswal Nifty Midcap150 Plus 8-13 yr G-Sec 70:30 Index Fund |
Index Funds – Hybrid Fund | 12 Oct 2026 to 26 Oct 2026 | ₹500 | Scheme information document for Motilal Oswal Nifty Midcap150 Plus 8-13 yr G-Sec 70:30 Index Fund (opens in a new tab) | |
| Closed | Aditya Birla Sun Life Fixed Maturity Plan-Series VB (136 Days) |
Income/Debt Oriented Schemes – Other Debt Scheme | 22 Oct 2026 to 26 Oct 2026 | ₹1,000 | Scheme information document for Aditya Birla Sun Life Fixed Maturity Plan-Series VB (136 Days) (opens in a new tab) |
No NFOs under this status right now.
Listing is for information and is not a recommendation to invest in any scheme. We do not list every NFO or take a view on any of them. Read the Scheme Information Document before investing.
Thinking of an NFO?
Before you put money in, see whether it overlaps with what you already own. Bring your statement to a free 30-minute call and we will check. Book a free consultation.
Five checks that matter more than the word “new”
An NFO has no track record. These are the questions to answer from the offer document and your own statement.
- What does it own? Read the stated strategy and benchmark in the Scheme Information Document.
- What does it cost? Look for the Base Expense Ratio and the separate brokerage and transaction costs. See why that changed in 2026.
- Do you already own it? Many new funds hold the same stocks as ones in your portfolio. Use the overlap checker.
- Is there an existing fund in the same category? It will have a record you can read.
- Does it fit a goal you have? A fund is a means, not a goal.
Questions people ask
What does NFO stand for in mutual funds?
New Fund Offer. It is the period in which a new scheme is first sold to investors before it is listed for regular purchases.
Is an NFO better than an existing fund?
Not by default. A new scheme has no track record. An existing fund in the same category has a history you can inspect. Compare on strategy, cost and overlap with your holdings.
Why is the NFO price ₹10?
Units are typically offered at a face value of ₹10. That is only the starting unit price. It does not make the fund cheap, and the number of units you get says nothing about value.
Can NRIs invest in NFOs?
Many schemes accept NRI investments subject to the offer document, KYC and the rules of the investor’s country of residence. Check the document, or ask us on a call.
Do you earn a commission on NFOs?
We are an AMFI-registered distributor and earn commission from asset management companies on regular plans, and nothing on direct plans. We show this before you invest.
Information only, not a recommendation. Mutual fund investments are subject to market risks; read all scheme related documents carefully.