Mutual Funds, Sept. 2 -- If you are planning to invest in a new mutual fund, you can consider a new fund offer (NFO). In September, there are six new fund offers that are still open for investing. These six fund offers are as follows:
I. Axis Nifty500 Quality 50 Index Fund: This scheme was launched on August 21 and will close on 4 September. Minimum subscription amount is Rs.100 and in multiples of Re 1 thereafter.
II. Baroda BNP Paribas Business Conglomerates Fund: This was launched on 2 September and will close on 15 September.
The investment objective of this scheme is to achieve long-term capital appreciation by investing in equity of companies which are part of business conglomerates.
III. Edelweiss Nifty LargeMidCap 250 ETF: Thi...
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