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8 Mutual Fund NFOs open for subscription today; 4 close on October 12
3 min read | Updated on October 12, 2026, 07:42 IST
SUMMARY
Eight mutual fund NFOs open on October 12, 2026, including Quant index funds and new ETFs. Four schemes, including ICICI Pru Contra Fund, close today.
Eight MF schemes are scheduled to open for subscription today.
Eight mutual fund schemes across equity index funds, exchange-traded funds (ETFs), liquid funds and specialised investment strategies are scheduled to open for subscription today, on Monday.
NFOs Open Today
| Scheme Name | Fund House | Category | NFO Close Date |
|---|---|---|---|
| ICICI Pru Nifty Pharma ETF | ICICI Prudential AMC | ETF | October 19, 2026 |
| Motilal Oswal Nifty Midcap150 Plus 8-13 yr G-Sec 70:30 Index Fund – Regular (Growth) | Motilal Oswal AMC | Index Fund | October 26, 2026 |
| Quant Nifty 100 Index Fund – Regular (Growth) | Quant Money Managers | Index Fund | October 26, 2026 |
| Zerodha BSE Top 10 Banks ETF | Zerodha AMC | ETF | October 26, 2026 |
| Quant Nifty 50 Index Fund – Regular (Growth) | Quant Money Managers | Index Fund | October 26, 2026 |
| Quant Nifty Midcap 150 Index Fund – Regular (Growth) | Quant Money Managers | Index Fund | October 26, 2026 |
| Carnelian Liquid Fund – Regular (Growth) | Carnelian Investment Managers | Liquid Fund | October 14, 2026 |
| Summit Active Asset Allocator Long-Short Fund – Regular (Growth) | Invesco AMC – SIF | Active Asset Allocator Long-Short Fund | October |
The ICICI Prudential Nifty Pharma ETF provides exposure to the pharmaceutical sector, while the Zerodha BSE Top 10 Banks ETF focuses on leading banking stocks. Quant Money Managers is launching three index funds tracking the Nifty 100, Nifty 50 and Nifty Midcap 150 indices.
Investors should review each scheme's offer document, benchmark, expenses, risk factors and investment objective before subscribing. NFOs do not guarantee returns, and index funds and ETFs remain subject to market risk.
NFOs Closing Today
Four mutual fund schemes are scheduled to close their new fund offers on Monday, October 12, 2026.
| Scheme Name | Fund House | Category | NFO Open Date |
|---|---|---|---|
| ICICI Pru Contra Fund – Regular (Growth) | ICICI Prudential AMC | Contra Fund | September 28, 2026 |
| Mirae Asset Life Cycle Fund 2056 – Regular (Growth) | Mirae Asset Investment Managers (India) | Life Cycle Fund | September 28, 2026 |
| Nippon India CRISIL-IBX FAR Gilt ETF | Nippon Life India AMC | ETF | September 29, 2026 |
| WOC Diversified Equity Small Cap Active FOF – Regular (Growth) | WhiteOak Capital AMC | Fund of Funds (Domestic) | September 28, 2026 |
The closing offerings cover contra investing, life-cycle investing, government securities and small-cap equity exposure through a fund of funds structure.
Investors interested in these schemes should check the respective fund house's official subscription channels and applicable cut-off timings before submitting applications on the final day.
Di_sclaimer: 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._
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