List of Mutual Fund (NFOs) & ETFs live for investors in June '26

Key takeaways

• June 2026 saw a total of 21 NFOs and ETFs launched across a wide range of categories.
• Index funds and ETFs dominated the month's new launches, reflecting the growing popularity of passive investing.
• Hybrid funds, target-date funds, and sector-specific index funds were among the key themes across these launches. 
• Some schemes were active in May and continued to be in June, such as Altiva Equity Ex-Top 100 Long-Short Fund, iSIF Equity Long-Short Fund, Groww Nifty Smallcap 250 Momentum Quality 100 ETF, etc.
• Minimum investment amounts ranged from just ₹100 to ₹10 lakh, making the available schemes suitable for both first-time investors and high-net-worth individuals.

The number of mutual fund investors has been on the rise since the very beginning of 2026. Fund houses and Asset Management Companies (AMCs) in India have been very busy throughout June 2026 with new launches. As NFOs were available in most categories, investors had decent opportunities to diversify their portfolios. 

NFOs for large-cap, small-cap, index, hybrid, or ETF fund houses were all active in June. If you missed the latest mutual fund market updates in June, read this article till the end to explore all the options. 

What are NFOs or ETFs?

NFO stands for New Fund Offer, and it simply means that an AMC is offering a new mutual fund scheme for the very first time. NFOs are pretty similar to an IPO, or Initial Public Offering. A fund house generally introduces an NFO to raise its initial investment capital from the market. 

During the NFO, the price of each fund unit is set at a flat rate of ₹10. Once the time period for the NFO is complete, the fund begins to trade as normal. The price changes on a day-to-day basis and is referred to as the fund's NAV, or Net Asset Value.

Now, how are ETFs different? You can think of an ETF as a collection of stocks or bonds. An ETF is a collection designed to mimic an index, such as the Nifty 50. This differs from conventional mutual funds. ETFs are traded on a stock exchange. They can be sold and purchased during trading hours, like stocks. 

Anyway, ETFs also begin their life cycle as NFOs like mutual funds. The first stage has to be an NFO for a fund house to create the first set of ETF units.

List of NFOs and ETFs live in June 2026

Here is a quick overview of all the NFOs and ETFs that were open for subscription in June 2026, along with their category, subscription period & minimum investment amount.

Detailed overview of the June 2026 NFOs and ETFs

Here's a quick look at what each fund offers, who it may be suitable for, and the key details you should know before investing.

Altiva Equity Ex-Top 100 Long-Short Fund

Here, Altiva Mutual Fund takes a long position in all equity apart from the top 100 blue-chip stocks. To manage the risk in the strategy, the fund implemented short selling through derivatives.

Details: 

• Open: May 18 to June 1, 2026. 
• Category: SIF - Equity Ex-Top 100. 
• Minimum investment: ₹10,00,000. 
• Type: Open-ended.

iSIF Active Asset Allocator Long-Short Fund

Part of ICICI Prudential's offering under SEBI's new SIF framework, this allocates to equity, fixed income, commodities, InvITs, and employs a small degree of short selling through derivatives. The strategy is known as counter-cyclical since it attempts to do the opposite of the prevailing market trend.

Details: 

• Open: May 19 to June 2, 2026. 
• Category: SIF - Active Asset Allocator Long Short. 
• Minimum investment: ₹10,00,000. 
• Type: Open-ended.

iSIF Equity Long-Short Fund

It’s also a part of ICICI Prudential's SIF offering, and it takes a longer-term equity position. It takes a long position in companies that seem sustainable in the long term. On the other hand, it short-sells those that seem unsustainable. Protective capital and growth are the aims here. 

Details: 

• Open: May 19 to June 2, 2026. 
• Category: SIF - Equity Long Short. 
• Minimum investment: ₹10,00,000. 
• Type: Open-ended.

Platinum Hybrid Long-Short Fund

Platinum provides yet another hybrid long-short fund. It provides the combination of equity and debt with the flexibility of short-selling, for investors looking to chase a more tactical strategy.

Details: 

• Open: May 20, 2025 to June 3, 2026. 
• Category: Hybrid Long-Short Fund. 
• Minimum: ₹10,00,000. 
• Type: Open-ended.

The Wealth Company Large & Mid Cap Fund

The Wealth Company has introduced this fund to the large and mid-cap segments. Your investment in it provides exposure to multiple large, established companies. At the same time, it also includes many mid-cap companies that have not yet reached their full potential.

The investment is a reasonable combination of safety and profit potential.

Details: 

• Open period: May 21 to June 4, 2026.
• Category: Large & Mid-Cap. 
• Minimum investment: ₹1,000. 
• Type: Open-ended Equity Scheme.

Groww Nifty Smallcap 250 Momentum Quality 100 Index Fund

Offered by Groww Mutual Fund, this index fund follows the Nifty Smallcap 250 Momentum Quality 100 Index. As the name suggests, this index focuses on small-cap stocks that are showing upward momentum. Also, it considers stocks with strong fundamentals. The fund follows this index, net of fees.

Details: 

• Open period: May 29 to June 12, 2026. 
• Category: Index Fund. 
• Minimum investment: ₹500. 
• Type: Open-ended Index Scheme.

Groww Nifty Smallcap 250 Momentum Quality 100 ETF

Groww has offered an ETF version of the concept as well. It follows the same index as mentioned above. The key difference is that the previous fund follows the index at the close of the trading day. But this fund allows the investor to buy and sell during trading hours.

Details: 

• Open: May 29 to June 12, 2026. 
• Category: ETF. 
• Minimum investment: ₹500. 
• Type: Open-ended Exchange Traded Fund.

Kotak Nifty Alpha Low-Volatility 30 Index Fund

Kotak Mahindra Mutual Fund has offered a Smart-Beta fund with the Nifty Alpha Low-Volatility 30 Index. This fund offers a mix of growth and safety by selecting 30 stocks that offer decent return potential and low volatility.

Details: 

• Open: May 29 to June 12, 2026. 
• Category: Equity - Index Fund. 
• Minimum investment: ₹1000. 
• Type: Open-ended Exchange Traded Fund.

RedHex Hybrid Long-Short Fund

RedHex combines equity and debt in one scheme and includes the long-short structure. This aims to provide consistent returns in different market conditions.

Details: 

• Open: June 2 to June 16, 2026. 
• Category: Hybrid Long-Short Fund. 
• Minimum investment: ₹10,00,000. 
• Type: Open-ended.

DynaSIF Equity Ex-Top 100 Long-Short Fund

DynaSIF does not take the usual approach of the top 100 blue chips. Instead, it focuses on the mid-caps and uses short selling for risk management. This is for investors looking for mid-caps and beyond and away from the large-caps.

Details: 

• Open: June 5 to June 19, 2026. 
• Category: Equity Ex-Top 100 Long-Short Fund. 
• Minimum: ₹10,00,000. 
• Type: Open-ended.

Motilal Oswal BSE Clean Environment Index Fund

This fund tracks the BSE Clean Environment Index, which features companies in the resource-smart and energy-clean segment.

Details: 

• Open: June 5 to June 19, 2026. 
• Category: Index Fund. 
• Minimum investment: ₹500. 
• Type: Open-ended Index Scheme.

WhiteOak Capital Aggressive Hybrid Fund

It is attractive for growth-oriented investors who want to balance risk and reward. About 65% to 80% of the fund will be allocated to equities. The balance will be invested in high-quality debt securities. The debt cushion helps ease the impact of volatility in the markets.

Details: 

• Open: June 8 to June 22, 2026. 
• Category: Hybrid - Aggressive. 
• Minimum investment: ₹500. 
• Type: Open-ended hybrid scheme.

ICICI Prudential Nifty Smallcap 250 ETF

This ETF is all about the Nifty Smallcap 250 Index. It captures all 250 constituent stocks in the index in the exact same order and weightage. The small-cap space in Indian equities has a lot of unrecognised growth.

Details: 

• Open: June 9 to June 16, 2026. 
• Category: ETF. 
• Minimum investment: ₹1,000. 
• Type: Open-ended Exchange Traded Fund.

Infinity Hybrid Long-Short Fund

This fund combines equity and debt and includes short selling for risk management. The long-short structure means the fund manager can have stakes against weaker holdings as well as stakes for stronger holdings. This is for investors with the appetite for a more active and high-ticket strategy.

Details: 

• Open: June 15 to June 29, 2026. 
• Category: Hybrid Long-Short Fund. 
• Minimum: ₹10,00,000. 
• Type: Open-ended.

Zerodha Life Cycle Fund 2036

Zerodha Fund House has launched this one for those planning to retire around 2036. The fund is equity-heavy at the beginning. However, it turns into fixed-income and safer securities as it gets closer to 2036. This process is called a glide path. 

Details: 

• Open: June 19 to July 7, 2026. 
• Category: Passive - Target Date Fund.
• Minimum investment: ₹100. 
• Type: Open-ended passive scheme.

Zerodha Life Cycle Fund 2041

This one follows the same logic as the last one. Just its target year is different. Since the target year is 2041, it is equity-heavy for much longer. That makes it ideal for younger investors.

Details: 

• Open: June 19 to July 7, 2026. 
• Category: Passive - Target Date Fund.
• Minimum investment: ₹100. 
• Type: Open-ended passive scheme.

HDFC Nifty Auto Index Fund

This fund allows investors to focus on the Indian automobile sector. It allows investors to gain exposure to automobile and auto component stocks through the Nifty Auto Index.

Details: 

• Open: June 22 to July 3, 2026. 
• Category: Index Fund. 
• Minimum investment: ₹100. 
• Type: Open-ended Index Scheme.

Tata Multi Sector Passive Fund of Funds (FoF)

Tata Mutual Fund decided to take a different approach for this one. Instead of concentrating on a single sector, they chose to invest in multiple passive, sectoral funds. With this, you can get automatic diversification without choosing the sectors.

Details: 

• Open: June 22 to July 6, 2026. 
• Category: Passive - Fund of Funds. 
• Minimum investment: ₹5,000. 
• Type: Open-ended Fund of Funds Scheme.

JM Multi Asset Allocation Fund

JM Financial Mutual Fund has designed this fund for stable and long-term growth. It divides your investment into three sections. These comprise Indian equities, fixed-income securities, and commodities like gold. The intention is to diversify to balance market volatility.

Details: 

• Open: June 24 to July 8, 2026. 
• Category: Hybrid - Multi-Asset. 
• Minimum investment: ₹5,000. 
• Type: Open-ended hybrid scheme.

ICICI Prudential Balanced Hybrid Fund

This fund balances risk by dividing its investments between equity and debt almost in half. Naturally, investing in this hybrid fund mitigates your risk factors to a large extent. It’s an ideal choice for beginners and investors who prefer moderate-risk investments. 

Details: 

• Opens: June 30 to July 14, 2026.
• Category: Hybrid-balanced. 
• Minimum investment: ₹1,000.

ICICI Prudential Multi-Asset Active Fund of Funds (FoF)

This is the last fund to launch in June. It takes an active approach to management and invests in a wide range of other funds, like equity, global, debt, and commodities. The fund manager keeps shifting this mix based on how markets move.

Details: 

• Opens: June 30 to July 14, 2026.
• Category: Hybrid Fund of Funds. 
• Minimum investment: ₹1,000.

How to Invest in these NFOs & ETFs through DHAN?

Investing in NFOs and ETFs is a simple, paperless process. Here's how you can get started:

• Log in to your Dhan account using your PIN or biometrics.
• Go to the Mutual Funds section and open the New Fund Offers (NFOs) tab. For ETFs, simply search for the ETF by name.
• Select the scheme and review its investment objective, key details, and minimum investment amount.
• Click Invest Now, choose between a lump sum investment or SIP (where available), and complete the payment via UPI or Net Banking.
• Once the transaction is processed, your units will appear in your portfolio.

Final thoughts

The launches of so many funds indicate that asset management companies had to stay very active in June 2026. Besides large-cap and small-cap stocks, other kinds of stocks also appeared in the market. Low-volatility stocks, momentum stocks, and stocks with other themes, like green investing, are also on the list. Target date funds also debuted. 

Signing up for the NFO is one way to go. It will guarantee you entry for the fund at the NFO price of ₹10. If you don’t prefer this, you can wait for the fund to be listed. You then get to evaluate the fund's performance first before you invest. Now, you have to determine what is best for you.