This week, you have a great chance to invest in new mutual fund schemes! Here’s a list of the funds that are currently open for you to subscribe:
– TATA FMP-61-D-91D: This is a fixed maturity plan that helps you earn money and grow your investment over a set time. You can invest at least Rs 5,000, and it will close on December 4.
– Kotak Nifty 100 Equal Weight Index Fund: This fund aims to match the performance of the top 100 companies in India by investing mostly in their stocks. You can start with just Rs 100, and it will be available until December 16.
– Kotak Nifty 50 Equal Weight Index Fund: Similar to the above fund, but focuses on the top 50 companies. It also has a starting amount of Rs 100, and subscriptions are open until December 16.
– Quantum Ethical Fund: This fund only invests in companies that follow ethical practices. You can join for a minimum of Rs 100, and it closes on December 16.
Several new funds will also open for subscription later this week. Here are the details:
– Samco Multi Asset Allocation Fund: This fund invests in stocks, bonds, gold, and more. The subscription starts on December 4 and ends on December 18 with a minimum investment of Rs 5,000.
– SBI Quant Fund: This fund picks stocks using special mathematical methods. You can start with Rs 5,000, and it will be available until December 18.
– Aditya Birla SL Conglomerate Fund: This fund focuses on companies that are part of big groups. It opens on December 5 and closes on December 19, starting from Rs 100.
– Bajaj Finserv Healthcare Fund: This fund invests in healthcare-related companies. It opens on December 6 and ends on December 20, with a minimum investment of Rs 500.
– Baroda BNP Paribas Children’s Fund: This fund is specially for kids and has a lock-in period of five years. You can start investing from Rs 1,000, and subscriptions will open soon.
Remember, investing is important for your future, and these funds are great ways to grow your money!
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