MF roundup: ICICI Prudential declares IDCW; Invesco, Edelweiss, SBI lead fresh SEBI filings

India's mutual fund industry witnessed a flurry of activity as ICICI Prudential Mutual Fund announced IDCW payouts for two debt schemes, while several fund houses, including Invesco India, Edelweiss, SBI Mutual Fund, Aditya Birla Capital Mutual Fund, Mirae Asset, and NJ Mutual Fund, unveiled or filed documents for a range of new fund offers (NFOs).

ICICI Prudential MF announces IDCW for two bond funds

ICICI Prudential Mutual Fund has announced IDCW payouts for two debt schemes, with July 13, 2026 as the record date (or the next business day, if applicable).

Invesco India files NFO for Nifty Chemical Index Fund

Invesco India Mutual Fund has filed offer document with SEBI to launch an open-ended scheme named ‘Invesco India Nifty Chemical Index Fund’. The New Fund Offer price for units would be ₹10 per unit during the NFO. Entry load and Exit load will be nil. The Scheme offers growth and IDCW options for investment and seeks to collect a Minimum Target Amount of ₹5 crore.

The performance will be benchmarked against Nifty Chemical Index TRI. The minimum application amount during NFO will be ₹100 and in multiples of ₹1 thereafter.

The investment objective of the scheme is passive investment in equity and equity related securities replicating the composition of the Nifty Chemical Index.

Edelweiss MF seeks SEBI approval for Nifty REITs & Realty Index Fund

Edelweiss Mutual Fund has filed offer document with SEBI to launch an open-ended scheme named ‘Edelweiss Nifty REITs & Realty Index Fund’. The New Fund Offer price for units would be Rs 10 per unit during the NFO. Entry load and Exit load will be nil. The Scheme offers growth options for investment and seeks to collect a Minimum Target Amount of Rs 5 crore.

The performance will be benchmarked against Nifty REITs & Realty Total Return Index. The minimum application amount during NFO will be ₹100 and in multiples of ₹1 thereafter.

The investment objective of the scheme is to generate returns that are in line with the performance of the Nifty REITs & Realty Total Return Index.

SBI Mutual Fund files NFO for Nifty 200 Value 30 ETF FOF

SBI Mutual Fund has filed offer document with SEBI to launch an open-ended fund of fund named ‘SBI Nifty 200 Value 30 ETF FOF’. The New Fund Offer price for units would be ₹10 per unit during the NFO. Entry load will be nil. Exit load- For exit on or before 15 days from the date of allotment: 1%, For exit after 15 days from the date of allotment: Nil. The Scheme offers growth and IDCW options for investment, and seeks to collect a Minimum Target Amount of ₹10 crore.

The performance will be benchmarked against Nifty200 Value 30TRI. The minimum application amount during NFO will be ₹5000 and in multiples of ₹1 thereafter.

The investment objective of the scheme is to seek to provide returns that closely correspond to returns provided by SBI Nifty200 Value 30 ETF.

Aditya Birla Capital MF files two Long-Short Equity strategies

Both schemes will have an NFO price of ₹10 per unit, with nil entry load and an exit load of 1% for redemptions within 365 days and nil thereafter. The minimum target corpus for each scheme is ₹10 crore.

Both funds will benchmark performance against NIFTY 500 TRI and require a minimum investment of ₹10 lakh. The schemes aim to generate long-term capital appreciation through equity investments with limited short exposure using derivatives.

Mirae Asset Files NFO for Life Cycle Fund 2056

Mirae Asset Mutual Fund has filed offer document with SEBI to launch an open-ended fund named ‘Mirae Asset Life Cycle Fund 2056’. The New Fund Offer price for units would be ₹10 per unit during the NFO. Entry load will be nil. If redeemed within 1 Year from the date of allotment/within one year of investment: Exit load will be 3%; If redeemed after 1Year from the date of allotment/investment but before completion of 2 years Exit load will be 2%; If redeemed after 2 Year from the date of allotment/investment but before completion of 3 years Exit load will be 1%; If redeemed after 3 Year from the date of allotment/investment Exit load will be NiI. The Scheme offers growth and IDCW Options for investment,and seeks to collect a Minimum Target Amount of ₹10 crore.

The performance will be benchmarked against 65% Nifty 500 TRI + 25% NIFTY Short Duration Debt Index + 7.5% Domestic prices of Gold + 2.5% Domestic prices of Silver. The minimum application amount during NFO will be ₹5000 and in multiples of ₹1 thereafter.

The investment objective of the scheme is to generate long-term capital appreciation by investing in a diversified portfolio of equity and equity related instruments, debt and money market instruments, InvITs, Gold and silver ETFs, and Exchange-Traded Commodity Derivatives (ETCDs), in accordance with a predefined glide path with maturity by the year 2056.

NJ Mutual Fund launches Value and Momentum Equity Funds

NJ Mutual Fund has launched two open-ended equity schemes, NJ Value Fund and NJ Momentum Fund. Both NFOs are open from July 10 to July 24, 2026, with a minimum investment of ₹500 and nil exit load.

The schemes will be benchmarked against NIFTY 500 TRI and managed by Viral Shah and Dhaval Patel. NJ Value Fund follows a value investing strategy, while NJ Momentum Fund focuses on companies showing strong momentum to generate long-term capital appreciation.

Mirae Asset launches two Momentum-GSec Hybrid Passive Funds

The NFOs are open from July 10 to July 22, 2026, with a minimum investment of ₹5,000 and nil exit load. Both schemes track their respective Nifty200 Momentum 30 Plus 8-13 Yr G-Sec indices and are managed by Ekta Gala and Pranavi Kulkarni.

Disclaimer: The information contained in this article is for informational purposes only and does not represent investment advice from Upstox. Investment decisions should be made based on independent research or consultation with a registered financial advisor. Past performance is not indicative of future results.