Mutual Funds, Oct. 29 -- In November, retail investors can choose one of five new fund offers (NFOs) across a spectrum of categories. Five AMCs (asset management companies) have rolled out their new funds: Axis Mutual Fund, Choice Mutual Fund, Groww, Kotak and Zerodha Mutual Fund.

There is one arbitrage passive fund of fund by Axis Mutual Fund, two mid-cap funds by Groww, Nifty Chemicals ETF by Kotak Mahindra and an index fund by Zerodha Mutual Fund.

Let us find out more about these schemes here:

I. Axis Income Plus Arbitrage Passive FOF: Axis Mutual Fund launched this scheme on 28 October and will close on 11 November. The scheme aims to generate returns by investing in passive debt-oriented mutual fund schemes and arbitrage funds. In...