Several Mutual Fund NFOs Scheduled to Open This Week
The primary market for mutual funds remains active, with multiple fund houses announcing new schemes during the final week of June and the beginning of July.
These new fund offers span different investment styles, allowing investors to access diversified portfolios across equity, debt, hybrid, and passive investment strategies.
The upcoming launches also reflect the continued expansion of product offerings within India’s mutual fund industry.
ICICI Prudential Launches Two New Schemes
ICICI Prudential Mutual Fund will introduce two new investment options beginning June 30, 2026.
The first is the ICICI Prudential Balanced Hybrid Fund, which combines equity and debt investments within a single portfolio to maintain a balanced asset allocation.
The second offering is the ICICI Prudential Multi-Asset Active Fund of Fund (FOF). This scheme seeks to provide exposure across multiple asset classes through investments in underlying mutual fund schemes.
Both schemes carry an offer price of ₹10 per unit and will remain open for subscription until July 14, 2026.
The minimum application amount is ₹500 for the Balanced Hybrid Fund and ₹1,000 for the Multi-Asset Active Fund of Fund.
Choice Mutual Fund Introduces Overnight Fund
Choice Mutual Fund will launch its Choice Overnight Fund on July 1, 2026.
The scheme belongs to the overnight debt fund category and is designed to invest in securities with very short maturities.
The fund will be available for subscription until July 3, 2026.
Unlike most equity-oriented NFOs, the scheme carries an offer price of ₹100 per unit, with a minimum investment requirement of ₹1,000.
Motilal Oswal Launches Midcap Momentum Index Fund
Motilal Oswal Mutual Fund is set to launch the Motilal Oswal BSE Midcap 150 Momentum 30 Index Fund on July 3, 2026.
The scheme is an index fund that aims to track the performance of the BSE Midcap 150 Momentum 30 Index, offering passive exposure to companies selected based on momentum criteria.
The NFO will close on July 17, 2026.
Investors can participate with a minimum investment of ₹500, while the offer price has been fixed at ₹10 per unit.
TRUST Mutual Fund Brings Large & Mid Cap Fund
TRUST Mutual Fund will also open subscriptions for its TRUSTMF Large & Mid Cap Fund on July 3, 2026.
The scheme falls under the large and mid-cap equity category and seeks to invest across companies from both market capitalisation segments.
The subscription window will remain open until July 17, 2026.
The minimum investment amount has been set at ₹1,000, with units available at an initial offer price of ₹10 each.
Key NFO Schedule for the Week
| Mutual Fund Scheme | NFO Opens | NFO Closes | Offer Price | Minimum Investment |
|---|---|---|---|---|
| ICICI Prudential Balanced Hybrid Fund | June 30, 2026 | July 14, 2026 | ₹10 | ₹500 |
| ICICI Prudential Multi-Asset Active Fund of Fund | June 30, 2026 | July 14, 2026 | ₹10 | ₹1,000 |
| Choice Overnight Fund | July 1, 2026 | July 3, 2026 | ₹100 | ₹1,000 |
| Motilal Oswal BSE Midcap 150 Momentum 30 Index Fund | July 3, 2026 | July 17, 2026 | ₹10 | ₹500 |
| TRUSTMF Large & Mid Cap Fund | July 3, 2026 | July 17, 2026 | ₹10 | ₹1,000 |
Different Categories Offer Wider Investment Choices
The upcoming NFOs represent a broad mix of investment strategies.
Hybrid funds combine equity and debt investments, while fund of funds allocate capital across multiple mutual fund schemes. Overnight funds focus on short-duration debt instruments, whereas index funds seek to replicate benchmark indices. Large and mid-cap funds invest across companies with varying market capitalisations.
The availability of multiple categories allows investors to choose schemes that correspond with different investment objectives and portfolio preferences.
Conclusion
The week of June 29 to July 3, 2026, will see several new mutual fund offers entering the market across hybrid, multi-asset, debt, passive, and equity categories. Leading fund houses including ICICI Prudential Mutual Fund, Choice Mutual Fund, Motilal Oswal Mutual Fund, and TRUST Mutual Fund are opening subscriptions for new schemes with minimum investments ranging from ₹500 to ₹1,000. These launches further expand the range of investment products available in India’s mutual fund industry across different asset classes and investment approaches.
Summary
The week between June 29 and July 3, 2026, will witness the launch of several new mutual fund offers (NFOs) across multiple investment categories, including balanced hybrid, fund of funds, overnight funds, index funds, and large & mid-cap equity funds. Asset management companies such as ICICI Prudential Mutual Fund, Choice Mutual Fund, Motilal Oswal Mutual Fund, and TRUST Mutual Fund are introducing fresh schemes aimed at different investment objectives. The minimum investment amount starts from ₹500 for most schemes, providing investors with access to a wide range of mutual fund categories.
Disclaimer:
This article is intended solely for educational and informational purposes. The securities or companies mentioned are provided as examples and should not be considered as recommendations. Nothing contained herein constitutes personal financial advice or investment recommendations. Readers are advised to conduct their own research and consult a qualified financial advisor before making any investment decisions.
Investments in securities markets are subject to market risks. Please read all related documents carefully before investing.
