2 mutual fund NFOs will open for subscription this week. Check details
Surbhi Khanna, ET Online
New funds in pipeline
Two new mutual funds will open for subscription this week. Fund houses launch new funds to complete their existing bouquet of offerings. Here is a detailed breakup (Source: ACE MF)
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Category breakdown
These two funds are from two separate categories. One is a multi-asset allocation fund, and the other is a fund of funds.
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Groww Multi Asset Allocation Fund
Groww Multi Asset Allocation Fund will open for subscription on September 10 and will close on September 24. The minimum investment amount is Rs 500.
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HDFC Diversified Equity All Cap Active FoF
HDFC Diversified Equity All Cap Active FoF will open for subscription on September 10 and will close on September 24. The minimum investment amount is Rs 100.
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Want to invest?
One should always choose a fund that is based on their risk appetite, investment horizon, and financial goals.
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