Jun 28, 2026, 10:34:49 AM IST

Around five new mutual funds and two SIFs will open for subscription this week (June 29 to July 3). Fund houses launch new schemes to expand and complete their product portfolios. Here is a detailed breakup (Source: ACE MF).

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ICICI Pru Balanced Hybrid Fund and ICICI Pru Multi-Asset Active FOF will open for subscription on June 30 and close on July 14. The minimum investment amounts are Rs 500 and Rs 1,000, respectively.

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Prism Hybrid Long-Short Fund, a SIF from JioBlackRock Mutual Fund, will open on June 29 and close on July 13. The minimum investment amount is Rs 10 lakh.

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Summit Equity Long-Short Fund, a SIF from Invesco Mutual Fund, will open on July 2 and close on July 16. The minimum investment amount is Rs 10 lakh.

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Choice Overnight Fund, an overnight fund from Choice Mutual Fund, will open on July 1 and close on July 3. The minimum investment amount is Rs 1,000.

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Motilal Oswal BSE Midcap 150 Momentum 30 Index Fund, an index fund from Motilal Oswal Mutual Fund, will open on July 3 and close on July 17. The minimum investment amount is Rs 500.

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TRUSTMF Large & Mid Cap Fund, a large- and mid-cap fund from TRUST Mutual Fund, will open on July 3 and close on July 17. The minimum investment amount is Rs 1,000.

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