Groww Mutual Fund announced the launch of the Groww Nifty Non-Cyclical Consumer Index Fund. The scheme opened for public subscription on May 02, 2024, and will close on May 16, 2024.
Special situations or special opportunities funds invest based on triggers such as corporate restructuring, government policies, regulatory changes or technology-led disruptions. The strategy is agnostic of market mood or valuations, which may make it ideal for current markets.
A total of 185 new funds (both open and close-ended) were launched, also known as NFOs (new fund offers) in fiscal 2024 raising a total of whopping ₹66,364 crore, shows the AMFI data
Bandhan Mutual Fund announced the launch of the Bandhan Innovation Fund. The scheme opened for public subscription on April 10, 2024, and will close on April 24, 2024.
Introduction As the financial landscape evolves, New Fund Offers (NFOs) present a unique opportunity for investors seeking to diversify their portfolios and tap into new investment themes. As we have entered the initial months of 2024, understanding what NFOs are and how to select the right ones becomes crucial. This article will explore the essence […] - Newsx