Mirae Asset, DSP and Bandhan MF launch new funds: NFO dates, investment objective and other details

Mirae Asset Mutual Fund, DSP Mutual Fund and Bandhan Mutual Fund have announced new fund offerings across different investment categories. While Mirae Asset and DSP have launched ETFs tracking equity and government securities indices, Bandhan Mutual Fund has introduced a Contra Fund following a contrarian investment strategy.

Here are the key details of the three new fund offerings, including their NFO dates, minimum investment, benchmark and investment objective.

Mirae Asset MF introduces BSE LargeMid (60:40) Stable Dividend 50 ETF

The NFO opens for subscription on August 10, 2026, and closes on August 12, 2026. There is no Entry Load and the Exit Load is nil. The minimum subscription amount is Rs 5,000, and thereafter in multiples of Re. 1.

The scheme will be benchmarked against the BSE LargeMid (60:40) Stable Dividend 50 Total Return Index. Ekta Gala and Vishal Singh are the fund managers.

The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the BSE LargeMid (60:40) Stable Dividend 50 Total Return Index, subject to tracking error.

DSP MF introduces Nifty 10 YR Benchmark G-Sec ETF

The scheme carries relatively high interest rate risk and relatively low credit risk.

The NFO opens on August 10, 2026, and closes on August 12, 2026. There is no Entry Load and the Exit Load is nil. The minimum subscription amount is Rs 5,000, and thereafter in multiples of Re. 1.

The scheme will be benchmarked against the Nifty 10 yr Benchmark G-Sec Index. The fund managers are Anil Ghelan, Diipesh Shah and Neha Rathi.

The investment objective is to track the Nifty 10 yr Benchmark G-Sec Index and seek to generate returns that are commensurate, before fees and expenses, with the performance of the underlying index, subject to tracking error.

Bandhan MF introduces Contra Fund

The NFO opens for subscription on August 10, 2026, and closes on August 24, 2026.

There is no Entry Load. The Exit Load is 0.5% of the applicable NAV if redeemed/switched out on or within 30 days from the date of allotment, and nil if redeemed/switched out after 30 days.

The minimum subscription amount is Rs 1,000, and thereafter any amount.

The scheme will be benchmarked against the BSE 500 Total Return Index (TRI).

The fund managers are Prateek Poddar and Manish Gunwani for the equity portion, Harshal Joshi for the debt portion, along with Ritika Behera and Gaurav Satra.

The investment objective of the scheme is to generate capital appreciation from a diversified portfolio of equity and equity-related instruments by following a contrarian investment strategy.