On October 5, 2026, several mutual fund companies announced new schemes by filing offer documents with SEBI. These updates include new fund launches by JioBlackRock Mutual Fund, Quant Mutual Fund, and WhiteOak Capital Mutual Fund. Investors interested in mutual funds can explore these options, which vary in investment objectives, benchmarks, and minimum application amounts.
- JioBlackRock Gold ETF aims to track domestic gold prices with a minimum investment of ₹500.
- Quant Nifty Next 50 Index Fund targets returns similar to the Nifty Next 50 Total Return Index with a minimum investment of ₹5,000.
- Quant Diversified Equity All Cap Active FOF focuses on long-term capital appreciation by investing in equity-oriented schemes, with a minimum investment of ₹5,000.
- WhiteOak Capital Contra Fund uses a contrarian investing strategy aiming for long-term capital growth, requiring a minimum investment of ₹500.
What is the JioBlackRock Gold ETF and its investment objective?
The JioBlackRock Gold ETF is a new mutual fund scheme designed to generate returns that closely follow the performance of physical gold prices in the domestic market. The scheme benchmarks its performance against the Domestic Price of Gold. Investors can start with a minimum application amount of ₹500, with additional investments in multiples of ₹1.
How does the Quant Nifty Next 50 Index Fund work?
The Quant Nifty Next 50 Index Fund aims to provide returns that closely correspond to the total returns of the securities represented by the Nifty Next 50 Total Return Index (TRI). The minimum application amount is ₹5,000, with further investments allowed in multiples of ₹1. This fund seeks to track the performance of the Nifty Next 50 Index before expenses.
What are the features of the Quant Diversified Equity All Cap Active FOF?
Quant Mutual Fund has filed to launch an open-ended fund of fund scheme called Quant Diversified Equity All Cap Active FOF. The scheme’s objective is to generate long-term capital appreciation and income by investing in units of domestic equity-oriented schemes across various market capitalizations. The NFO price is ₹10, with no entry load. However, an exit load of 1% applies if units are redeemed or switched out within one year of allotment; after one year, the exit load is nil. The scheme offers Growth and Income Distribution cum Capital Withdrawal (IDCW) options and seeks to raise a minimum target amount of ₹10 crore. The performance benchmark is the Nifty 500 Total Return Index (TRI), and the minimum application amount is ₹5,000, with multiples of ₹1 thereafter.
What investment strategy does the WhiteOak Capital Contra Fund follow?
WhiteOak Capital Mutual Fund plans to launch the WhiteOak Capital Contra Fund, an open-ended equity scheme that follows a contrarian investing strategy. This approach involves investing against prevailing market trends to potentially achieve long-term capital appreciation. The scheme benchmarks its performance against the BSE 500 Total Return Index (TRI). The NFO price is ₹10, with no entry or exit load. It offers Growth and Income Distribution cum Capital Withdrawal (IDCW) options and aims to collect a minimum target amount of ₹10 crore. Investors can start with a minimum application amount of ₹500, with additional investments in multiples of ₹1.
