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Two new mutual funds will open for subscription this week. Mutual funds launch new funds to complete their bouquet of offerings to launch new funds. (Source: ACE MF)
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Same fund house
These two funds will be from the same fund house. Both these two funds are from Nippon India Mutual Fund.
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From same type
Both these funds are from the same category. Both these funds are index funds that will open for subscription.
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Nippon India Nifty 500 Low Volatility 50 Index Fund
The scheme will open for subscription on April 16 and will close on April 30. The minimum application amount is Rs 1,000.
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Nippon India Nifty 500 Quality 50 Index Fund
The scheme will open for subscription on April 16 and will close on April 30. The minimum application amount is Rs 1,000.
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Looking to invest?
One should always consider their risk appetite, investment horizon, and goals before making any investment decisions.
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Thanks For Reading!
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