New Mutual Fund NFOs: From equity ETFs to arbitrage, multi-asset & debt index funds. Complete list

Several leading mutual fund houses have launched new NFOs starting February 23, 2026, offering investors opportunities across equity, arbitrage, multi-asset, and debt instruments. From Aditya Birla Sun Life’s BSE Top 10 Banks ETF to Capitalmind’s Arbitrage and Multi-Asset Allocation Funds, and Nippon India’s CRISIL-IBX Financial Services Debt Index Fund, these schemes cater to both long-term wealth creation and short-term income goals.

Aditya Birla Sun Life BSE Top 10 Banks ETF

The performance of the Scheme will be benchmarked to the performance of BSE Top 10 Banks Total Return Index and its fund manager is Priya Sridhar.

The investment objective of the scheme is to generate returns corresponding to the total returns of the securities as represented by the BSE Top 10 Banks Total Return Index before expenses, subject to tracking errors.

Capitalmind Arbitrage Fund

Capitalmind Mutual Fund (MF) has launched Capitalmind Arbitrage Fund, an open-ended scheme investing in arbitrage opportunities. The NFO opens for subscription on February 23, 2026 and closes on March 09, 2026. The Entry Load is nil for the scheme. The Exit Load will be 0.25% - if redeemed/switched out on or before completion of 15 Days from the date of allotment of units and No Exit Load is payable - if Units are redeemed / switched-out after 15 Days from the date of allotment. The minimum subscription amount is ₹5,000/- and in multiples of ₹1/- thereafter.

The performance of the scheme will be benchmarked to the performance of NIFTY 50 Arbitrage TRI and its fund managers are Anoop Vijaykumar and Prateek Jain.

The investment objective of the scheme is to generate Income over short to medium term by predominantly investing in arbitrage opportunities in the cash & derivatives segment of the equity market.

Capitalmind Multi Asset Allocation Fund

Capitalmind Mutual Fund (MF) has launched Capitalmind Multi Asset Allocation Fund, an open-ended scheme investing in equity and equity related instruments, debt and money market instruments, Commodities including Exchange Traded Commodity Derivatives. The NFO opens for subscription on February 23, 2026 and closes on March 09, 2026. The Entry Load is nil for the scheme. The Exit Load: For each purchase of Units through Lumpsum / switchin / Systematic Investment Plan (SIP), Systematic Transfer Plan (STP), Exit load on redemption / Systematic Withdrawal Plan (SWP) / Switchout, will be as follows: (i) If Units redeemed or switched out within 12 months from the date of allotment – 1% of the applicable Nav. (ii) If redeemed/switched out after 12 months from the date of allotment – Nil. The minimum subscription amount is ₹ 5,000/- and in multiples of ₹ 1/- thereafter.

The performance of the scheme will be benchmarked to the performance of 50% NIFTY 500 TRI + 25% NIFTY Composite Debt Index + 25% MCX iCOMDEX Composite Index, and its fund managers are Anoop Vijaykumar and Prateek Jain.

The investment objective of the scheme is to generate long term capital appreciation by investing in a diversified portfolio. The scheme will be Investing in equity and equity related The scheme will be Investing in equity and equity related instruments, debt and money market instruments, Commodities including Exchange Traded Commodity Derivatives.

Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund

The performance of the Scheme will be benchmarked to the performance of CRISIL-IBX Financial Services 9-12 Months Debt Index and its fund manager is Vikash Agarwal.

The investment objective of the scheme is to provide investment returns that are commensurate with the total returns of the securities as represented by the CRISIL-IBX Financial Services 9-12 Months Debt Index before expenses, subject to tracking errors.