If you are planning to invest in mutual funds, this week can be important for you. Starting from Monday, March 23, two new New Fund Offerings (NFOs) are opening for investors.
One is an index fund, and the other is a large-cap fund. A key highlight is that you can start investing with as little as ₹100, making it a good option for new and small investors.
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New Funds Opening This Week
Zerodha Nifty MidSmallcap400 50:50 Index Fund
Zerodha Nifty MidSmallcap400 50:50 Index Fund by Zerodha Asset Management will open for investment on March 23, 2026.
The minimum investment required is just ₹100, and the unit price is ₹10. The fund will be managed by Kedarnath Mirajkar.
This is a passive index fund that tracks the Nifty MidSmallcap 400 Index, giving investors exposure to mid-cap and small-cap companies.
Open: March 23
Close: April 6
Minimum Investment: ₹100
Fund Type: Index Fund (Passive)
The fund carries a very high risk level, which means it can be highly volatile. Its goal is to match the returns of the index (before expenses), though small differences (tracking error) may occur.
JioBlackRock Large Cap Fund
JioBlackRock Large Cap Fund will open for investment on March 24, 2026. The minimum investment is ₹500 for both lump sum and SIP (with at least six installments). The fund will be managed by Tanvi Kacheria and Sahil Chaudhary.
This is an active large-cap fund that focuses on long-term wealth creation by investing mainly in large-cap company stocks.
Open: March 24
Close: April 7
Minimum Investment: ₹500
Fund Type: Large Cap (Active)
The fund’s performance will be compared to the BSE 100 Index. It will invest:
80–100% in large-cap stocks
0–20% in other companies
0–20% in debt and money market instruments
0–10% in InvITs
This fund will be available only in direct plans with growth options.
Important Things to Keep in Mind
Not every new mutual fund scheme is suitable for everyone. Before investing in any NFO, you should carefully consider your risk tolerance, investment goals, and time horizon. This will help you choose the right fund for your financial needs.