New fund offers from Abakkus, Trust, Wealth Company and Baroda BNP Paribas open; check details

A number of equity New Fund Offers (NFOs) are currently open, giving investors an opportunity to tap different strategies. From the country’s services economy to large and mid-cap growth, mutual fund investors can invest in these schemes based on the fund house, its strategy and how well the scheme fits into their portfolio.

In this article, we take you through equity NFOs that are currently open for subscription. But before that, here is a brief explanation of what an NFO is.

An NFO or new fund offer as the name suggests is the first time a mutual fund or an ETF is made available to investors. Broadly, it is analogous to an initial public offering (IPO, in which shares are offered to investors for the first time before they are actually listed on the stock exchanges.

Baroda BNP Paribas Mutual Fund has launched the Baroda BNP Paribas Services Fund, an open-ended thematic scheme that looks to capitalise the country’s rapidly growing services economy. The NFO opened on July 14 and will close on July 28.

According to the fund house, the scheme will follow a bottom-up approach to stock-picking and choose companies which are a part of the services theme across sectors including airport and airport services, BPO, AMC, Computers- Software and Consulting and Diversified Commercial Services among others.

The investment objective of the scheme is to achieve long term capital appreciation by actively managed investments in equity and equity related securities of companies engaged in the services theme.

Minimum investment in the scheme is ₹1000 and minimum incremental investment is ₹1000.

Abakkus Mutual Fund has launched the Abakkus Large and Mid Cap Fund, an open-ended scheme investing in both large and midcap scrips. The fund looks to generate long-term capital appreciation through a portfolio predominantly invested in equity and equity related instruments of large cap and mid cap companies.

Minimum sum required for lump sum investment in the scheme is ₹500. In the Systematic Investment Plan (SIP) also, minimum investment is ₹500 with a minimum of 6 installments.

Trust Mutual Fund has also launched its TRUSTMF Large and Midcap Fund, an open-ended equity scheme investing in both large and mid-cap stocks.

The NFO of the scheme opened on July 3 and will close on July 17.

Minimum investment in the scheme is ₹1000 and minimum SIP investment varies based on the frequency of contribution from ₹1000-3000.

The Wealth Company Mutual Fund has come up with its Midcap Fund. NFO of the scheme opened on July 15 and will close on July 29, 2026.

The fund will invest at least 65% of its corpus in equity and equity-related securities of mid-cap companies.

The scheme’s performance will be benchmarked against the Nifty Midcap 150 TRI.

The fund house says that the scheme will intend to build a well diversified portfolio of companies present across sectors with a long- term growth perspective.