If you are looking for a better option for investment, then this information can be very beneficial for you. Mutual funds are considered to be an excellent option for long-term investment. If you also want to invest in mutual funds, then here we are going to tell you about 5 NFOs (New Fund Offers), which are open for investment and will close soon. These 5 NFOs include NFOs of 5 different companies including SBI and Kotak Mahindra. Let us tell you that under all NFOs, units are allotted to investors at a minimum NAV of Rs 10.
SBI Innovative Opportunities Fund Direct-Growth
This NFO of SBI was launched on 29 July and will close on 12 August. People investing in this NFO will be allotted units on 20 August. In this NFO, you have to invest at least Rs 5000-5000 in the first two investments. Apart from this, you can also start a SIP of Rs 500 in this scheme.
Kotak Nifty Midcap 50 Index Fund Direct-Growth
This NFO of Kotak Mahindra was launched on 25 July and will close on 8 August. Allotment of units for investments made in this fund will be done on 16 August. You can start investing in this scheme with just Rs 100.
Invesco India Manufacturing Fund Direct-Growth
This NFO will close on August 8. Units will be allotted on August 14 for investments made in this fund. Investment in this fund can be started with a minimum of Rs 1000. SIP can also be started in this fund with Rs 500.
Bajaj Finserv Large Cap Fund Direct-Growth
Under this NFO, which will close on August 12, units will be allotted on August 20. One can start investing in this fund with just Rs 500.
Groww Nifty EV & New Age Automotive ETF FoF Direct-Growth
This NFO of Grow will close on August 7. People investing in this fund will be allotted units on August 14. Investment in this fund can be started from Rs 500. SIP in this starts from just Rs 100.
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