Investors have new options in mutual funds as Choice Mutual Fund, Motilal Oswal Mutual Fund, and Nippon India Mutual Fund introduce fresh schemes. These include an actively managed Large & Mid Cap Fund, a multi-asset fund of funds, and two target-maturity index funds linked to state development loan (SDL) securities. These updates provide opportunities for diversified investment across equity, debt, gold, and silver.
- Choice Mutual Fund launched the Choice Large & Mid Cap Fund with an NFO open from October 20 to November 3, 2026.
- Motilal Oswal Mutual Fund introduced the Multi Asset – Omni Fund of Funds, investing in equity, debt, gold, and silver ETFs.
- Nippon India Mutual Fund filed offer documents for two SDL index funds tracking CRISIL-IBX SDL indices maturing in 2032 and 2037.
What is the Choice Large & Mid Cap Fund?
Choice Mutual Fund has entered the actively managed equity segment with the Choice Large & Mid Cap Fund. The New Fund Offer (NFO) is open from October 20 to November 3, 2026, with units priced at ₹10 each. The fund invests at least 35% each in large-cap and mid-cap stocks, with up to 30% in small-cap stocks and other permitted instruments. It benchmarks against the Nifty Large Midcap 250 Total Return Index and offers systematic investment plans starting at ₹250.
According to Ajay Kejriwal, CEO of Choice Mutual Fund, the fund manager selects stocks within the mandate of minimum 35% allocation each to large and mid-cap companies. This fund aims for long-term capital appreciation through active management.
What does the Motilal Oswal Multi Asset – Omni Fund offer?
Motilal Oswal Mutual Fund launched the Multi Asset – Omni Fund of Funds, which invests in a diversified portfolio including active and passive equity schemes, debt schemes, and gold and silver ETFs. The scheme benchmarks against a composite index made up of 60% Nifty 500 TRI, 5% domestic gold prices, 5% domestic silver prices, and 30% Nifty Short Duration Debt Index.
The fund managers include Bhalchandra Shinde, Ajay Khandelwal, Swapnil Mayekar, and Rakesh Shetty. The scheme has no entry load, and an exit load of 1% applies if redeemed within 90 days of allotment; no exit load applies after 90 days.
What are the new SDL index funds filed by Nippon India Mutual Fund?
Nippon India Mutual Fund has filed offer documents with SEBI for two target-maturity index funds linked to state development loan (SDL) securities. These funds will track the CRISIL-IBX SDL indices maturing in June 2032 and June 2037. Each fund aims to generate returns corresponding to the total returns of their respective indices before expenses.
The NFO price for each scheme will be ₹10 per unit, with no entry or exit load, and only the growth option will be offered. The minimum application amount is ₹1,000, with additional investments allowed in multiples of ₹1. Each scheme seeks to raise a minimum target amount of ₹10 crore. The NFO opening and closing dates were not specified.
Why are these mutual fund updates important for investors?
These new mutual fund offerings provide investors with varied choices to diversify their portfolios across different asset classes and risk profiles. The Choice Large & Mid Cap Fund offers active equity management focusing on large and mid-cap stocks. Motilal Oswal’s multi-asset fund combines equity, debt, and precious metals for balanced growth. Nippon India’s SDL index funds provide targeted exposure to government securities with defined maturity dates, suitable for conservative investors seeking predictable returns.
Frequently Asked Questions
Q: When can investors subscribe to the Choice Large & Mid Cap Fund?
A: The New Fund Offer for the Choice Large & Mid Cap Fund is open from October 20 to November 3, 2026.
Q: What is the minimum investment for the Motilal Oswal Multi Asset – Omni Fund?
A: Systematic investment plans for the fund start at ₹250, with no entry load and a 1% exit load if redeemed within 90 days.
Q: What maturity dates do the Nippon India SDL index funds target?
A: The two SDL index funds track CRISIL-IBX SDL indices maturing in June 2032 and June 2037.
