return to news
  1. Upstox
    /
  2. News
    /
  3. Personal Finance News
    /
  4. Mutual Funds
    /
  5. Mutual fund NFOs: Six new funds to open for subscription this week, details here

Personal Finance News

Mutual fund NFOs: Six new funds to open for subscription this week, details here

image Sangeeta Ojha
By Sangeeta Ojha

3 min read | Updated on August 24, 2026, 07:54 IST

Google
SelectUpstoxas yourPreferred news source
Copy link
Twitter Page
Linkedin Page
Whatsapp Page

SUMMARY

According to data from ACE MF, HDFC Gold Silver Passive FOF will be the first to open, with its subscription window beginning on August 24 and closing on September 7.

Mutual fund NFOs this week august

Fund houses typically launch NFOs to add new strategies to their product range or fill gaps in their existing offerings. | Image: Shutterstock.

Investors will have six new mutual fund offers (NFOs) to choose from this week, with schemes from HDFC Mutual Fund, ICICI Prudential Mutual Fund and The Wealth Company opening for subscription between August 24 and August 28.
Open FREE Demat Account within minutes!
Join now

The new launches span gold and silver, multi-asset allocation, multi-cap and fund-of-funds categories, giving investors options across different asset classes and investment strategies.

According to data from ACE MF, HDFC Gold Silver Passive FOF will be the first to open, with its subscription window beginning on August 24 and closing on September 7.

ICICI Prudential Mutual Fund will launch four schemes during the week. These include three Life Cycle Funds, targeting 2031, 2036 and 2041, along with the ICICI Prudential Dynamic Asset Allocation Passive FOF. All four schemes will open on August 26 and close on September 9.
The Wealth Company Multi Cap Fund will open for subscription on August 27 and close on September 10.

Six NFOs opening this week

SchemeFund HouseCategoryOpensCloses
HDFC Gold Silver Passive FOF – Reg (G)HDFC AMCFund of FundsAugust 24, 2026September 7, 2026
ICICI Pru Life Cycle Fund 2031 – Reg (G)ICICI Prudential AMCMulti Asset AllocationAugust 26, 2026September 9, 2026
ICICI Pru Life Cycle Fund 2036 – Reg (G)ICICI Prudential AMCMulti Asset AllocationAugust 26, 2026September 9, 2026
ICICI Pru Life Cycle Fund 2041 – Reg (G)ICICI Prudential AMCMulti Asset AllocationAugust 26, 2026September 9, 2026
ICICI Pru Dynamic Asset Allocation Passive FOF (G)ICICI Prudential AMCFund of Funds (Domestic)August 26, 2026September 9, 2026
The Wealth Company Multi Cap Fund – Reg (G)The Wealth Company AMCMulti Cap FundAugust 27, 2026September 10, 2026
(Source: ACE MF)

While NFOs can offer investors access to a new investment strategy, a new fund does not necessarily mean a better fund. Unlike an existing scheme, an NFO has little or no performance history to assess. Investors should therefore look at the fund's investment strategy, asset allocation, costs, risk level and how it fits into their existing portfolio before investing.

Fund houses typically launch NFOs to add new strategies to their product range or fill gaps in their existing offerings. For investors, the key is to assess whether the new scheme adds something useful to their portfolio rather than investing simply because it is new.

For all personal finance updates, visit here
Disclaimer: This article is written purely for informational purposes and should not be considered investment advice from Upstox. Securities mentioned are illustrative and not recommendations. Investors should do their own research or consult a registered financial advisor before making investment decisions.

About The Author

image Sangeeta Ojha
Sangeeta Ojha is a business and finance journalist with experience across leading media platforms like Mint and India Today. She has built a reputation for covering a wide range of personal finance topics, including income tax, mutual funds, insurance, savings and investing.

Next Story