8 new fund offers are set up for investors as the Indian stock market starts to rise again. See Details | Mint

The Sensex and the Nifty 50 rose by more than 1 percent on Monday amid largely positive global clues. The Sensex jumped 1.4 percent, while the Nifty 50 316 points, or 1.3 percent, regained the level of 24,355. On Tuesday, however, the market ended flat. Over the past few days, the markets have stopped concerns about trading tariffs and foreign investors become net buyers during the second half of April. In the midst of this renewed bull run, Mutual Fund houses have also announced a number of new fund offers, most of which are passive schemes. NFOs: 8 Fund offerings launched this month, Bajaj Finserv Nifty 50 Index Fund: launched on April 25, this new fund offer will close on May 9. It is an index fund that will detect the performance of Nifty50. DSP Silver ETF Fund of Fund: So by DSP Mutual Fund, this scheme falls into the fund of funds (domestic). It was launched on April 28 and will close on May 9. It wants to deliver returns that correspond to the performance of physical silver in domestic prices. Edelweiss BSE Internet Economy Index Fund: On April 25 launched by Edelweiss Mutual Fund, this scheme will close for investors on May 9. It is an index fund that will detect the returns of the BSE Internet Economy Total Return Index. SBI income plus arbitrage Active FOF: This fund offer was opened on April 23 by SBI Mutual Fund, and will close on April 30. The purpose of the scheme is to generate regular income and capital appreciation by investing in a mixture of units of actively managed debt-oriented schemes and actively managed arbitrage interpreters fund schemes. GROWW GILT FUND: This new fund offer is a Gilt Fund, which will close on May 7, which will close on May 7. It will be closed on May 7. It seeks to generate credit risk-free returns by investing mainly in sovereign securities issued by central and state governments. Motilal Oswal Infrastructure Fund: The offer of this sectoral/thematic scheme, which was launched on April 23, will close on May 7. The scheme will invest mainly in the shares of companies working in India’s infrastructure sector. Nippon India Nifty 500 Low Volatility 50 Index Fund: The new fund offer, which was launched on April 16, will close on April 30. Investment in this scheme will deliver returns corresponding to the total returns of the securities, as proposed by the Nifty 500 Low Volatility 50 index. Nippon India Mutual Fund also launched another fund offer – the Nifty 500 Quality 50 Index Fund. The offer was launched on April 16 and closes on April 30. UTI Multi Cap Fund: Launched by the UTI Mutual Fund on April 29, this multi-capside scheme seeks to generate long-term capital appreciation by investing mainly in stocks and stock-related securities from companies across the market. The offer closes on May 13. Visit here for all personal finance updates. First published: 29 Apr 2025, 05:31 pm Ist