List of Mutual Funds (NFOs) & ETFs live for investors in August 2026
Key takeaways
- August 2026 featured NFOs across equity, debt, hybrid, index funds, fund of funds, and specialised investment strategies.
- The ETF segment included offerings focused on the Nifty 50, banking, energy, metals, oil and gas, silver, government securities, and realty.
- Minimum investment requirements ranged from ₹10 for select ETFs to ₹10 lakh for certain long-short fund offerings.
- Several schemes focused on specific market segments, including midcaps, smallcaps, energy, pharma, healthcare, REITs, and financial services.
- Investors should compare each scheme's investment objective, portfolio strategy, risk level, costs, and applicable exit load before investing.
August 2026 brought a broad mix of mutual fund New Fund Offers and ETFs across India's investment market. The month featured 36 mutual fund NFOs and 11 ETFs, covering debt, equity diversified, hybrid, and index funds.
NFO lineup included offerings such as Nifty Midcap 150 and Nifty Smallcap 250 index funds, along with large-cap, flexi-cap, arbitrage, overnight, short-duration, money market, and multi-asset allocation funds.
ETF segment brought further options, including Motilal Oswal Nifty Metal ETF, Motilal Oswal Nifty Oil & Gas ETF, JioBlackRock Nifty 50 ETF, and Quant Silver ETF.
This guide lists every mutual fund NFO and ETF from the August 2026 data, arranged by category, open date, close date, and minimum investment for easier comparison.
What are NFOs and ETFs?
A New Fund Offer (NFO) is the initial subscription window for a newly launched mutual fund scheme. It allows investors to purchase units when the fund first enters the market. Fund houses launch NFOs across categories such as equity, debt, hybrid, index funds, and fund of funds.
An Exchange Traded Fund (ETF) works differently from a traditional mutual fund. It trades on a stock exchange during market hours, similar to an individual stock. ETFs can track broad market indices, specific sectors, commodities, or other baskets of securities.
List of NFOs live in August 2026
The following table lists all non-ETF New Fund Offers (NFOs) that were live during August 2026, along with their category, subscription period, and minimum investment amount.
Brief description of August 2026 NFOs
August 2026 brought a diverse mix of New Fund Offers across equity, debt, hybrid and index categories. Here is a closer look at the key NFOs launched during August 2026.
HDFC Nifty Metal ETF FOF
Exposure to the metals segment comes through the HDFC Nifty Metal ETF FOF, which falls under the fund of funds category. The scheme opened on 20 July 2026 and closed on 3 August 2026. Investors could participate with a minimum investment of ₹100.
AlphaGrep Flexi Cap Fund
AlphaGrep Flexi Cap Fund opened for subscription on 21 July 2026 and remained available until 4 August 2026. The equity diversified scheme required a minimum investment of ₹500. Its flexi-cap approach provides flexibility across different market capitalisation segments.
SBI Nifty Midcap 150 Momentum 50 ETF FOF
A combination of midcap exposure and momentum-based investing defines the SBI Nifty Midcap 150 Momentum 50 ETF FOF. The scheme opened on 22 July 2026 and closed on 4 August 2026. Classified under Equity - Other, it required a minimum investment of ₹5,000.
AlphaGrep Liquid Omni FOF
A short subscription window characterised the AlphaGrep Liquid Omni FOF, which opened on 4 August 2026 and closed just two days later on 6 August. The fund of funds carried a minimum investment requirement of ₹500. Its liquid-oriented positioning makes the underlying investments particularly relevant.
Franklin India Short Term Fund
For investors comparing debt offerings, Franklin India Short Term Fund represents a short duration-focused option. The scheme opened on 5 August 2026 and closed on 11 August 2026. Its minimum investment was ₹5,000. The fund's short-term debt orientation makes factors such as portfolio duration, credit quality, interest rate sensitivity, and liquidity important when assessing its characteristics.
Zerodha Arbitrage Fund
Zerodha Arbitrage Fund brings an arbitrage strategy into the hybrid fund category. Its subscription period ran from 12 August to 14 August 2026, with a minimum investment of ₹5,000. The fund seeks to differentiate itself from conventional equity offerings through its arbitrage-oriented structure.
Kotak Nifty Bank Index Fund
Banking stocks are at the heart of Kotak Nifty Bank Index Fund, an index scheme tracking the Nifty Bank. The offering opened on 3 August 2026 and closed on 17 August 2026. A minimum investment of ₹1,000 applied. Its concentrated sector exposure makes the benchmark composition particularly relevant.
Kotak Diversified Equity All Cap Omni
Across large, mid and small companies, the all-cap approach gives Kotak Diversified Equity All Cap Omni a wider equity market orientation. The scheme falls under the fund of funds category and requires ₹1,000 as the minimum investment. Its subscription period lasted from 5 August to 19 August 2026.
Edelweiss Nifty REITs & Realty Index
Real estate exposure takes a market-linked route through Edelweiss Nifty REITs & Realty Index. The index fund opened on 5 August 2026 and closed on 19 August 2026. Investors could participate with ₹100. Its underlying benchmark connects the scheme with REITs and the realty segment.
Magnum Equity Ex-Top 100
A substantially higher entry threshold distinguishes Magnum Equity Ex-Top 100 from many schemes on this list. The long-short fund required a minimum investment of ₹10 lakh. Its subscription window ran from 7 August to 20 August 2026. The Ex-Top 100 positioning gives the strategy a distinct equity universe.
Axis Nifty Energy Index Fund
Energy companies receive dedicated index exposure through Axis Nifty Energy Index Fund. The scheme opened on 7 August 2026 and closed on 21 August 2026. Investors could start with ₹100. Its index-based structure means the underlying benchmark plays a central role in determining portfolio exposure.
UTI Nifty 500 Index Fund
A broader slice of the Indian equity market is represented by the UTI Nifty 500 Index Fund. The scheme followed the Nifty 500 and carried a ₹1,000 minimum investment. Its subscription window extended from 10 August to 24 August 2026. The fund's diversified benchmark provides exposure across multiple companies.
Bandhan Contra Fund
Taking a contrarian approach to equity investing is the defining feature of the Bandhan Contra Fund. The equity diversified scheme opened on 10 August 2026 and closed on 24 August 2026. A minimum investment of ₹1,000 applied. Its strategy differs from conventional diversified funds, making the fund's stock selection philosophy particularly important.
DSP Financial Services Sectoral Debt
DSP Financial Services Sectoral Debt brings a sector-specific focus to the debt fund category. The scheme opened on 19 August 2026 and closed on 24 August 2026, with a minimum investment of ₹100. Its financial services orientation differentiates it from broad-based debt funds.
Edelweiss Ultra Short Term Fund
An ultra short-term maturity profile places Edelweiss Ultra Short Term Fund within the debt category. The scheme began its subscription window on 17 August 2026 and closed on 24 August 2026. Investors needed only ₹100 as the minimum investment.
Apex Equity Ex-Top 100 Long-Short
A ₹10 lakh minimum investment puts Apex Equity Ex-Top 100 Long-Short in a different bracket from most schemes listed here. The fund opened on 10 August 2026 and closed on 24 August 2026. Its strategy combines an Ex-Top 100 equity universe with long-short positioning.
Apex Equity Long-Short Fund
Long and short positions form the foundation of the Apex Equity Long-Short Fund. Classified under equity long-short funds, it required a minimum investment of ₹10 lakh. The subscription period extended from 10 August to 24 August 2026. Its structure differs from traditional long-only equity schemes.
SBI Balanced Hybrid Fund
SBI Balanced Hybrid Fund combines multiple asset classes within a hybrid fund structure. The scheme opened on 10 August 2026 and closed on 24 August 2026, while the minimum investment stood at ₹5,000. Its positioning offers an alternative to investors comparing pure equity and debt products.
WhiteOak Capital Dividend Yield
Dividend-generating companies provide the central theme of WhiteOak Capital Dividend Yield. The equity diversified scheme opened on 10 August 2026 and closed on 24 August 2026. Investors could participate with a minimum investment of ₹500. Its dividend yield orientation creates a distinct stock selection approach.
ASK Liquid Fund
ASK Liquid Fund was available for subscription from 12 August through 25 August 2026. The debt scheme carried a minimum investment requirement of ₹500. Its liquid fund classification places it within the short-term debt and money market space.
HDFC Gold Silver Passive FOF
Gold and silver provide the underlying theme for HDFC Gold Silver Passive FOF. The fund of funds opened on 24 August 2026 and remains open until 7 September 2026. Its minimum investment is ₹100. The passive structure offers exposure through underlying investments rather than direct stock selection.
UTI Balanced Hybrid Fund
A ₹1,000 minimum investment gave investors access to UTI Balanced Hybrid Fund during its subscription period. The scheme opened on 14 August 2026 and closed on 28 August 2026. Classified as a hybrid fund, it follows a structure combining different asset classes.
ITI Multi Asset Allocation Fund
ITI Multi Asset Allocation Fund takes its name from its multi-asset allocation approach. The hybrid scheme opened on 17 August 2026 and remained open until 31 August 2026. Investors were required to invest at least ₹5,000. Its structure brings different asset classes into one portfolio, making allocation rules important.
Quant Income Plus Arbitrage Active
Income generation and arbitrage form the two notable elements in the positioning of Quant Income Plus Arbitrage Active. Classified as a fund of funds, it opened on 17 August 2026 and closed on 31 August 2026. The minimum investment was ₹5,000.
Nippon India Income Plus Arbitrage Omni Fund of Fund
Nippon India Income Plus Arbitrage Omni Fund of Fund combines income and arbitrage-oriented strategies through a fund-of-funds structure. Its subscription period ran from 17 August to 31 August 2026. Investors could enter with ₹500. The underlying funds are therefore an important part of evaluating the offering.
Invesco India Pharma and Healthcare Fund
Pharmaceutical and healthcare companies form the investment theme of Invesco India Pharma and Healthcare. The equity sector fund opened on 18 August 2026 and closed on 1 September 2026. Its minimum investment stood at ₹1,000. Sector concentration makes industry developments particularly relevant to this offering.
Quantum Flexi Cap Fund
Quantum Flexi Cap Fund gives its portfolio manager flexibility across different market capitalisation segments. Classified as equity diversified, the scheme opened on 21 August 2026 and closed on 4 September 2026. Investors could participate with ₹500. Its flexible mandate distinguishes it from market cap-specific funds
ICICI Prudential Life Cycle Fund 2031
A target year of 2031 sets the framework for ICICI Prudential Life Cycle Fund 2031. The hybrid scheme opened on 26 August 2026 and closes on 9 September 2026. Investors can start with ₹100. Its life cycle structure makes the evolution of asset allocation an important consideration.
ICICI Prudential Dynamic Asset Allocation Passive FOF
Dynamic asset allocation meets a passive fund of funds structure in this ICICI Prudential offering. The scheme opened on 26 August 2026 and is scheduled to close on 9 September 2026. Its minimum investment is ₹1,000.
ICICI Prudential Life Cycle Fund 2041
With 2041 as its target year, ICICI Prudential Life Cycle Fund 2041 follows a long-horizon life cycle structure. The hybrid scheme opened on 26 August 2026 and closes on 9 September 2026. A ₹100 minimum investment applies.
ICICI Prudential Life Cycle Fund 2036
The 2036 target distinguishes this scheme from ICICI Prudential's other life cycle offerings. ICICI Prudential Life Cycle Fund 2036 opened on 26 August 2026 and closes on 9 September 2026. Investors can begin with ₹100. Its hybrid structure is designed around a life cycle framework.
The Wealth Company Multi Cap Fund
The Wealth Company Multi Cap Fund opened for subscription on 27 August 2026 and is scheduled to close on 10 September 2026. The scheme falls under equity diversified funds and requires ₹1,000 as the minimum investment. Its multi-cap mandate covers different company size segments.
Zerodha Life Cycle Fund 2031
Zerodha Life Cycle Fund 2031 combines a hybrid structure with a defined 2031 target. The scheme opened on 27 August 2026 and closes on 10 September 2026. Investors need a minimum of ₹100. Its target date provides an important reference point for understanding the strategy.
UTI BSE India Sector Leaders Index
The BSE India Sector Leaders Index provides the benchmark for UTI BSE India Sector Leaders Index. The index fund opened on 31 August 2026 and is scheduled to close on 11 September 2026. Investors need at least ₹1,000. Its benchmark-driven approach makes index construction and constituent selection important
Motilal Oswal Quality Fund
Quality-based stock selection is the central theme behind Motilal Oswal Quality Fund. The equity sector scheme opened on 28 August 2026 and closes on 11 September 2026. Investors can participate with ₹500. The fund's quality orientation makes its selection criteria particularly relevant.
Bank of India Value Fund
Bank of India Value Fund follows a value-oriented approach within the equity diversified category. The scheme opened on 28 August 2026 and remains open until 11 September 2026. The minimum investment is ₹5,000. Its value positioning makes valuation and stock selection important areas to examine.
List of ETFs live in August 2026
The table below highlights all ETF New Fund Offers (NFOs) that were open for subscription during August 2026. It covers key details such as the subscription period, ETF category, and minimum investment amount to help investors compare the available offerings.
Brief Description of August 2026 ETFs
Here is a quick look at what each ETF offers, and the key details you should know before investing.
Motilal Oswal Nifty Metal ETF
Investors looking for focused exposure to the metals segment had the Motilal Oswal Nifty Metal ETF as an option. The ETF opened on 3 August and closed on 6 Aug. With a minimum investment of just ₹500, the scheme had a low entry requirement. Its benchmark-based structure links returns to the underlying metal sector index.
Motilal Oswal Nifty Oil & Gas ETF
The energy space gets targeted representation through the Motilal Oswal Nifty Oil & Gas ETF. Subscription was available from 3 to 6 August 2026. Investors could participate with a minimum of ₹500. Rather than providing broad market exposure, this ETF concentrates on the oil and gas segment. Its index composition and sector concentration are important factors to examine.
JioBlackRock Nifty 50 ETF
Tracking one of India's most widely followed equity benchmarks, the JioBlackRock Nifty 50 ETF opened on 4 August 2026 and closed on 11 August 2026. The minimum investment stood at ₹500. As an ETF linked to the Nifty 50, its portfolio follows the underlying index rather than an active stock-picking strategy. Investors should consider tracking performance, costs and market volatility.
Invesco India BSE Sensex ETF
A ₹5,000 minimum investment was required for the Invesco India BSE Sensex ETF, which opened on 28 July 2026 and closed on 11 August 2026. The fund tracks the BSE Sensex, giving it exposure to a basket of major Indian companies. Investors evaluating this ETF should understand its benchmark composition, tracking efficiency, expenses and the risks associated with movements in large-cap equities.
Invesco India Nifty Bank ETF
Banking sector exposure takes centre stage in the Invesco India Nifty Bank ETF. Its subscription period ran from 28 July to 11 August 2026, with investors requiring at least ₹5,000. The ETF follows the Nifty Bank index, creating a focused route into the banking segment. Sector concentration, benchmark constituents, tracking difference, expenses and banking sector volatility are key considerations.
Mirae Asset BSE LargeMid (60:40) Stable Dividend 50 ETF
Combining large and midcap exposure with a 60:40 allocation and dividend-focused positioning, this Mirae Asset ETF follows a differentiated benchmark strategy. The scheme opened on 10 August 2026 and closed on 12 August 2026. Its minimum investment was ₹5,000. Investors should examine how the underlying index balances market capitalisation segments, selects dividend-paying companies and manages portfolio concentration.
DSP Nifty 10 Yr Benchmark G-Sec ETF
Government securities form the foundation of the DSP Nifty 10 Yr Benchmark G-Sec ETF. The offering opened on 10 August 2026 and closed on 12 August 2026, requiring a minimum investment of ₹5,000. Its benchmark focuses on 10-year government securities, making interest rate movements particularly relevant. Investors should review duration exposure, benchmark methodology, tracking performance and associated debt market risks.
Quant Silver ETF
Silver became the investment theme for Quant Silver ETF, which opened on 17 August 2026 and closed on 19 August 2026. Investors needed ₹2,000 to participate. Unlike equity-focused ETFs, this offering provides exposure to the silver market through its underlying structure. Prospective investors should consider fluctuations in silver prices, tracking performance, expenses and the factors influencing precious metal markets.
Axis Nifty Energy ETF
Energy sector exposure is the defining characteristic of Axis Nifty Energy ETF. The scheme opened on 12 August 2026 and remained available until 21 August 2026. Its minimum investment requirement was ₹5,000. By following the Nifty Energy benchmark, the ETF offers a focused portfolio rather than broad market exposure. Investors should examine sector concentration, constituent companies, tracking difference and market risks.
UTI Nifty 500 Exchange Traded
Broad equity market representation comes through the UTI Nifty 500 Exchange Traded Fund. The ETF opened on 10 August 2026 and closed on 24 August 2026, with a ₹5,000 minimum investment. Its Nifty 500 benchmark covers companies across different market capitalisation segments. Investors should look at the index methodology, diversification, portfolio tracking, costs and the risks linked to equity market movements.
UTI BSE India Sector Leaders Exchange Traded Fund
A sector leadership theme distinguishes the UTI BSE India Sector Leaders Exchange Traded Fund from broad market ETFs. The offering opened on 31 August 2026 and is scheduled to close on 11 September 2026. Investors require a minimum of ₹5,000. The ETF follows the BSE India Sector Leaders benchmark, making its sector allocation and index methodology important areas for investors to understand.
How to invest in these NFOs & ETFs through Dhan?
Investing in NFOs and ETFs through Dhan can be completed online without paperwork. The process differs slightly depending on whether you choose a mutual fund NFO or an ETF.
- Log in to your Dhan account using your PIN or biometric authentication.
- For NFOs, go to the Mutual Funds section and select the NFOs tab. For ETFs, search for the ETF by its name.
- Select the scheme and check details such as the investment objective, category, minimum investment, and other scheme-related information.
- Enter your investment amount and select the available investment option. Complete the payment through the available payment methods.
- For ETFs, place a buy order through the stock market during trading hours.
- After successful processing, NFO units will be allotted to your mutual fund portfolio. ETF units will appear in your holdings after the trade is executed and settled.
Final words
August 2026 brought a wide selection of NFOs and ETFs across equity, debt, hybrid, index, fund of funds, and specialised strategies. The month's offerings ranged from broad market products such as Nifty 50 and Nifty 500 funds to focused options covering energy, metals, banking, silver, pharma, healthcare, and realty.
Minimum investments also varied considerably. Some schemes started at just ₹100, while select long-short funds required ₹10 lakh. ETF minimum investments ranged from ₹10 to ₹5,000.
However, a new fund should not be selected simply because it has recently launched. Investors should compare the scheme's objective, strategy, risk level, investment horizon, costs, and portfolio approach. The right choice ultimately depends on how well the fund fits your financial goals and risk tolerance.
