NFO News NFOs now open: December 20

NFOs now open: December 20

Team Cafemutual Dec 20, 2024

Scheme Name	Open Date	Close Date	Scheme Type
Bajaj Finserv Healthcare Fund	06-Dec-2024	20-Dec-2024	Open Ended
Baroda BNP Paribas Children's Fund	06-Dec-2024	20-Dec-2024	Open Ended
Edelweiss BSE Capital Markets & Insurance ETF	10-Dec-2024	24-Dec-2024	Open Ended
Mirae Asset Nifty India New Age Consumption ETF	12-Dec-2024	20-Dec-2024	Open Ended
Mirae Asset Nifty India New Age Consumption ETF Fund of Fund	12-Dec-2024	26-Dec-2024	Open Ended

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I as Mutual fund advisor & distributor for last four decades believe that as there is cap on IPO ,there should be some upper limit on case of mutual fund NFO also as there is huge appetite or oversubscription as witnessed recently in icici pru or SBI MF ,the extra subscription should be refunded otherwise the performance of scheme will suffer and fundmanagement will be a biig challenge.
This should be in force as the investors inflow in to MF is going to increase leaps and bounds.

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