Surbhi Khanna, ET Online
Apr 18, 2025
Passive funds
Only three passive mutual fund NFOs are open for subscription now. Mutual funds launch new funds to complete their bouquet of offerings (Source: ACE MF)
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What are passive mutual funds?
Passive funds, also known as index funds, aim to replicate the performance of a specific market index. Instead of trying to outperform the market, passive funds seek to match the returns of the benchmark index.
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Kotak Nifty Top 10 Equal Weight Index Fund
Kotak Nifty Top 10 Equal Weight Index Fund is open for subscription and will close on April 21.
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Nippon India Nifty 500 Low Volatility 50 Index Fund
Nippon India Nifty 500 Low Volatility 50 Index Fund is open for subscription and will close on April 30.
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Nippon India Nifty 500 Quality 50 Index Fund
Nippon India Nifty 500 Quality 50 Index Fund is open for subscription and will close on April 30.
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Upcoming NFOs
Bajaj Finserv Nifty Next 50 Index Fund, Motilal Oswal Infrastructure Fund, and Groww Gilt Fund are the upcoming NFOs which will open for subscription next week.
Image Source: ETMarkets.com
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