Mutual Fund round-up: New NFO filings, ETF changes and TER revision

The mutual fund industry witnessed a series of developments this week, ranging from fresh fund launches to operational and pricing changes. Abakkus Mutual Fund and Quantum Mutual Fund have proposed new equity offerings, HDFC Mutual Fund has revised creation unit sizes for select ETFs, and Baroda BNP Paribas Mutual Fund has announced an increase in the expense ratio of its Arbitrage Fund.

Abakkus MF files Large & Mid Cap Fund offer document

The NFO will be offered at ₹10 per unit, with a minimum investment of ₹500. The fund will be benchmarked against the NIFTY Large Midcap 250 TRI. The scheme carries no entry load and a 1% exit load for redemptions within six months of allotment.

HDFC MF revises creation unit sizes for select ETFs

HDFC Mutual Fund has announced revised creation unit sizes for six ETF schemes, effective June 22, 2026.

Baroda BNP Paribas MF raises TER for Arbitrage Fund

The TER for the Direct Plan has been increased to 0.32% from 0.25%, while the Regular Plan TER has been raised to 0.97% from 0.91%.

Quantum MF files Flexi Cap Fund offer document

Quantum Mutual Fund has filed documents with SEBI to launch the open-ended Quantum Flexi Cap Fund, which will invest across large-, mid- and small-cap stocks to generate long-term capital appreciation.

The scheme will be benchmarked against the BSE 500 TRI and will be available at an NFO price of ₹10 per unit. Investors can participate with a minimum investment of ₹500.