Get the early mover advantage and secure your financial future. Explore the latest mutual fund New Fund Offers and apply digitally through Pocket Money Grow, before they close for subscription.
Apply in NFOs Takes 2 minutesCurrently open mutual fund New Fund Offers. Last updated: July 23, 2026 — dates can change, please confirm the latest status before applying.
| Name | Launch Date | Closing Date | Action |
|---|---|---|---|
 HDFC Nifty Metal ETF | 20 Jul 2026 | 24 Jul 2026 | Apply Now |
 ICICI Prudential BSE Insurance ETF | 20 Jul 2026 | 28 Jul 2026 | Apply Now |
| HDFC Nifty Metal ETF FoF | 20 Jul 2026 | 03 Aug 2026 | Apply Now |
 AlphaGrep Flexi Cap Fund | 21 Jul 2026 | 04 Aug 2026 | Apply Now |
 SBI Nifty MidCap 150 Momentum 50 ETF FoF | 22 Jul 2026 | 04 Aug 2026 | Apply Now |
Auto-updated from the latest financial news — new NFO announcements typically appear here within a day of launch.
An NFO (New Fund Offer) is when a mutual fund house launches a brand-new scheme and opens it up for investors for a limited period, before it starts trading like a regular fund.
Primarily invest in stocks, aiming for long-term capital growth.
Primarily invest in bonds and other fixed-income securities for relative stability.
Invest in a mix of equity and debt, balancing growth potential with stability.
A fund manager launches a new fund with a specific goal, collects money from investors during the NFO period, and then invests it according to the fund's stated objective.
Applying for a New Fund Offer through Pocket Money Grow is quick and completely digital.
Contact us with the NFO you're interested in and your investment amount.
Finish a simple, digital KYC and registration if you haven't invested with us before.
Choose to invest as a one-time lumpsum or start a SIP in the new fund, as per your goal.
Share your details and our team will help you apply for a currently open NFO, or notify you the moment a new one launches.
NFO stands for New Fund Offer — the period during which a mutual fund house launches a brand-new scheme and opens it for investors, much like a new shop opening for the first time. Once the NFO period ends, the fund is still available to invest in, just no longer called an NFO.
NFOs are usually categorised by their investment objective:
Think of an NFO as a fresh start. A fund manager creates a new scheme with a specific investment goal and opens it for investors to contribute money. Once the NFO period closes, the fund manager begins investing the collected corpus according to the scheme's stated objective.
Both involve a new offering, but they're different: an IPO is when a company sells its shares to the public for the first time to raise capital, while an NFO is when a mutual fund house launches a new scheme to pool money from investors.
NFOs can be a good way to diversify your portfolio and get in early on a fund with potentially strong growth prospects, and you can typically start with a small amount. That said, they should be evaluated on the same fundamentals as any other fund, not chosen purely for novelty.
The subscription period can range from a few days to a few weeks, and the exact dates are always mentioned in the specific NFO's details.
Check the "NFOs Open Now" table above for currently open offers, or use the form below to ask our team directly and get notified as soon as a new NFO launches.
NFO details above are compiled from public market reports as of July 23, 2026 and are for informational purposes only; launch and closing dates, minimum investment amounts and other terms can change — please verify the latest details before applying. Mutual fund investments, including NFOs, are subject to market risks. Please read all scheme-related documents carefully before investing. Investing purely out of fear of missing out (FOMO) is not recommended — always evaluate a fund's objective, risk profile and fund manager track record before applying.
