New Fund Offers in June: Check NFOs of mutual funds open for subscription this month

Many mutual fund asset management companies (AMCs) are offering new fund offers (NFOs) that are open for subscription in June 2025. NFOs are launched by AMCs to invite early investors to subscribe to a mutual fund scheme at a fixed price for a limited time.

NFOs are open for a short period, usually between 15 to 30 days, as regulated by the Securities and Exchange Board of India (SEBI). After the NFO period ends, many schemes become open-ended, which means they become open for purchasing and redeeming.

Let’s look at nine mutual fund NFOs that are open for subscription in June 2025, as per the Association of Mutual Funds in India (AMFI) website:

DSP Nifty Healthcare Index Fund

DSP Nifty Healthcare Index Fund is an open-ended index fund launched on June 2, 2025. The minimum amount for subscription during NFO is ₹100, and any amount thereafter. The scheme will close on June 16, 2025.

DSP Nifty IT Index Fund

DSP Nifty IT Index Fund is an open-ended index fund that opened for subscription on June 2, 2025. The minimum amount for subscription during NFO is ₹100, and any amount thereafter, and the scheme will close for subscription on June 16, 2025.

Groww Nifty 500 Low Volatility 50 ETF

Groww Nifty 500 Low Volatility 50 ETF is an open-ended ETF that opened for subscription on May 28, 2025. The minimum subscription amount for it is ₹500 and in multiples of ₹1 thereafter. The fund will close for subscription on June 11, 2025.

Motilal Oswal BSE 1000 Index Fund

Motilal Oswal BSE 1000 Index Fund is an open-ended index fund that was launched on June 5, 2025, and will close for subscription on June 19, 2025. The minimum subscription amount for it is ₹500. Further, the exit load is 1% if redeemed on or before 15 days from the allotment.

Nippon India Income Plus Arbitrage Active Fund of Fund

Nippon India Income Plus Arbitrage Active Fund of Fund is an open-ended, consecutive hybrid fund launched on June 2, 2025. The minimum subscription amount for it is ₹500 and in multiples of ₹1 thereafter. It will close for subscription on June 11, 2025.

Samco Large & Mid Cap Fund

Samco Large & Mid Cap Fund is an open-ended Large & Mid-Cap Fund launched on June 5, 2025. It has no entry load and no exit load for up to 10% of the units, which means 10% of the purchased units can be redeemed at any time without an exit load.

However, a 1% exit load would be charged in case of redemption of over 10% of units in the first 12 months. If redeemed after 12 months from the date of allotment, no exit load would be applicable. The minimum subscription amount for it is ₹5,000 and in multiples of ₹1 thereafter. Further, the fund will close for subscription on June 19, 2025.

Tata Nifty Midcap 150 Index Fund

Tata Nifty Midcap 150 Index Fund is an open-ended index fund launched on June 2, 2025. There is no entry load, but an exit load of 0.25% of the applicable NAV would be charged if redeemed before 15 days from the date of allotment. The minimum subscription amount for it is ₹5,000, and the scheme will close for subscription on June 16, 2025.

UNIFI LIQUID FUND

UNIFI LIQUID FUND is an open-ended liquid fund (debt scheme) launched on June 4, 2025. The minimum subscription amount for it is ₹5,000, and the scheme will close for subscription on June 6, 2025. The exit load as a percentage of redemption proceeds is as follows:

Day 1: 0.0070%

Day 2: 0.0065%

Day 3: 0.0060%

Day 4: 0.0055%

Day 5: 0.0050%

Day 6: 0.0045%

There is no exit charge if redeemed on day 7 or later.

Union Income Plus Arbitrage Active FOF

Union Income Plus Arbitrage Active FOF is an open-ended domestic FoF launched on May 22, 2025. The scheme will close for subscription on June 5, 2025. Further, the minimum subscription amount for the scheme is ₹1,000 and in multiples of ₹1 thereafter.