NFOs In May 2025: Check New Mutual Fund Schemes Open For Subscription

Mutual fund houses are expanding their product line-ups in May 2025, presenting retail and institutional investors with a slew of new fund offers (NFOs). These schemes cater to a wide range of investment preferences, from passive index strategies and multi-asset options to thematic plays on commodities like silver.

Let’s take a look at the NFOs currently available for subscription as of May 13:

Angel One Mutual Fund is offering two index-linked investment options.

Angel One has launched the Angel One Nifty 50 Index Fund, a traditional index fund that also seeks to track the Nifty 50 Index with minimal tracking error. The NFO window for this scheme matches the ETF, running from May 5 to 16, with the same Rs 1,000 entry threshold and zero load structure.

Apart from the NFO, the fund house has also launched the Angel One Nifty 50 ETF, which is designed to mirror the performance of the Nifty 50 Index. The exchange-traded fund opened for subscription on May 5, 2025, and will remain open till May 16, 2025. A minimum investment of Rs 1,000 is required, with no entry or exit charges.

The Baroda BNP Paribas Income Plus Arbitrage Active Fund of Funds is now accepting subscriptions. This open-ended fund of funds is structured to balance income generation and capital appreciation by allocating assets to a mix of debt and arbitrage strategies. Investors can subscribe between May 9 and 21, with a minimum investment of Rs 1,000.

For those seeking diversified exposure across asset classes, Canara Robeco Multi Asset Allocation Fund offers a blend of equity, debt and precious metals through gold and silver ETFs. The scheme's subscription period runs from May 9 to 23, and investors can begin with a minimum investment of Rs 1,000.

Groww Mutual Fund has launched two schemes focused on silver as an investment theme. The Groww Silver ETF, available from May 2 to 16, aims to deliver returns in line with domestic silver prices. Investors can enter with just Rs 500, with no entry or exit charges.

The second offering, Groww Silver ETF Fund of Fund, is a fund of fund scheme that channels investments into the Groww Silver ETF. It shares the same subscription window and minimum investment amount. However, an exit load of 1% applies if redeemed within 30 days of allotment.

ICICI Prudential Mutual Fund has unveiled the ICICI Prudential Quality Fund, an actively managed equity scheme focused on high-quality companies. This fund will invest in stocks identified based on strong fundamentals and consistent performance metrics. Open for subscription from May 6 to 20, the scheme requires a minimum investment of Rs 5,000. An exit load of 1% will apply for redemptions within one year.

With the Tata Income Plus Arbitrage Active Fund of Fund, Tata Mutual Fund aims to provide long-term wealth creation through investments in a mix of debt and arbitrage mutual fund schemes. Investors can subscribe between May 5 and 19, with a minimum investment of Rs 5,000.

Early redemptions within 30 days will attract a nominal 0.25% exit load.

The UTI Multi Cap Fund is tailored for investors looking to tap opportunities across large-, mid-, and small-cap segments. This open-ended equity scheme opened on April 29 and is set to close on May 13, 2025. A minimum investment of Rs 1,000 is required. Redemptions within 90 days will incur a 1% exit load.