NFONEST

November 2020

After a lone New Fund Offer (NFO) made its appearance in June 2020 and July 2020, two, five and six NFOs were open in August 2020, September 2020 and October 2020 respectively with no NFOs open at present in view of the COVID-19 pandemic.

Mirae Asset Banking and Financial Services Fund and Union Hybrid Equity Fund are expected to be open in the last week of November 2020, while Kotak Multi Asset Allocator Fund of Fund – Aggressive, Kotak Multi Asset Allocator Fund of Fund – Conservative, Kotak Multi Asset Allocator Fund of Fund – Moderate, Kotak IT ETF, Kotak All Weather Debt FOF, Axis Technology ETF and Axis Consumption ETF are expected to be launched in the coming months.