List of Upcoming NFOs in September 2026
Key takeaways
- September 2026 features equity, index, hybrid and fund-of-funds NFOs.
- Several NFOs focus on themes such as technology, gold, chemicals, defence and sector-based investing.
- Most equity-oriented schemes carry a Very High Risk rating.
- Minimum investments range from ₹100 to ₹1,00,000 among the listed schemes.
- Some NFOs launched in August remain open for subscription in September.
- Investors should compare objectives, risks and investment horizons before investing.
September 2026 brings a mix of equity, hybrid, index and fund-of-funds NFOs, with offerings focused on technology, multi-sector exposure, gold, defence, chemicals and different asset-allocation strategies.
Some NFOs launched in August also remain open during September, giving investors additional opportunities to subscribe. However, each scheme comes with a different investment objective, risk profile, subscription window and minimum investment requirement.
This article covers the upcoming and ongoing NFOs in September 2026, along with their key features, to help investors compare the available options before making an investment decision.
Upcoming NFOs in September 2026
September 2026 brings a mix of technology-focused index exposure, multi-sector investing, long-short strategies, gold, balanced advantage and thematic index funds across different risk categories. Investors can compare the schemes below based on their investment category, subscription window, and minimum investment requirement before exploring their individual strategies and features.
Brief overview of upcoming NFOs in September 2026
The upcoming NFOs differ significantly in their underlying strategies, from technology and multi-sector exposure to long-short investing, gold, balanced advantage and thematic indices. Here is a closer look at what each scheme aims to achieve, along with its key investment and subscription details.
Monarch Overnight Fund NFO
Monarch Overnight Fund is a Liquid NFO from Monarch Networth Asset Management Private Limited, open from 3 to 7 September 2026. The minimum investment is ₹5,000 at an offer price of ₹1,000 per unit. Managed by Sanjay Motta, the fund carries a ‘Low’ risk rating and will track the CRISIL Liquid Overnight Index.
Mirae Asset BSE Information Technology Index Fund
Mirae Asset BSE Information Technology Index Fund is an open-ended index scheme that seeks to provide exposure to the BSE Information Technology Total Return Index. The NFO opens for subscription on September 8, 2026, and closes on September 22, 2026. Managed by Ritesh Patel, the fund carries a Very High Risk rating and requires a minimum investment of ₹5,000.
Kotak Multi Sector Omni FOF
Kotak Multi Sector Omni FOF is an open-ended fund of funds that aims to provide exposure across multiple sectors. The NFO opens on September 8, 2026, and closes on September 22, 2026. Managed by Devender Singhal, the scheme carries a Very High Risk rating and requires a minimum investment of ₹1,000. It benchmarks against the Nifty 500 Total Return.
Altiva Equity Long-Short Fund
Altiva Equity Long-Short Fund is an open-ended SIF scheme focused on an equity long-short strategy. The NFO is open for subscription from September 10 to September 24, 2026. Managed by Bharat Lahoti, the fund carries a Moderate Risk rating and requires a minimum lump-sum investment of ₹1,00,000. It benchmarks against the Nifty 100 Total Return.
Shriram Gold ETF Passive FOF
Shriram Gold ETF Passive FOF is an open-ended fund of funds offering exposure to gold through an ETF-based structure. The NFO opens for subscription on September 11, 2026, and closes on September 24, 2026. Managed by Sudip Suresh More, the scheme carries a Very High Risk rating and requires a minimum investment of ₹500.
JioBlackRock Balanced Advantage Fund
JioBlackRock Balanced Advantage Fund follows a balanced advantage strategy and is an open-ended hybrid scheme. The NFO opens on September 11, 2026, and closes on September 25, 2026. Managed by Tanvi Kacheria, the fund carries a Very High Risk rating and requires a minimum investment of ₹500. It benchmarks against the Nifty 50 Hybrid Composite Debt 50:50 Total Return.
Invesco India Nifty Chemical Index Fund
Invesco India Nifty Chemical Index Fund is an open-ended index scheme designed to provide exposure to the Nifty Chemicals Total Return Index. The NFO opens for subscription on September 15, 2026, and closes on September 29, 2026. Managed by Abhisek Bahinipati, the scheme carries a Very High Risk rating and requires a minimum investment of ₹100.
Invesco India Nifty India Defence Index Fund
Invesco India Nifty India Defence Index Fund is an open-ended index scheme focused on the Nifty India Defence TRI. The NFO opens on September 15, 2026, and closes on September 29, 2026. Managed by Abhisek Bahinipati, the fund carries a Very High Risk rating and requires a minimum investment of ₹100.
Ongoing NFOs in September 2026
Some NFOs launched in August will continue to remain open for subscription during September, giving investors additional time to evaluate their strategies before the closing date. The ongoing offerings include passive exposure to gold and real estate, life-cycle funds, diversified equity strategies, a quality-focused fund and sector-focused index schemes.
Brief overview of ongoing NFOs in September 2026
These schemes provide exposure to different segments of the market, from gold and debt to life-cycle strategies, diversified equity, quality stocks, real estate and sector leaders. The following overview highlights the investment objective, subscription window and other important details investors should consider before subscribing.
Invesco India Pharma and Healthcare Fund
Invesco India Pharma and Healthcare Fund focuses on stocks from the pharmaceutical and healthcare sectors. The equity sector fund was open for subscription from 18 August to 1 September 2026, with a minimum investment of ₹1,000. Its sector-focused approach means performance could be influenced by developments in the pharma and healthcare industries.
Quantum Flexi Cap Fund
Quantum Flexi Cap Fund invests across companies of different market capitalisations, giving the fund manager flexibility in selecting stocks. The equity diversified fund was open from 21 August to 4 September 2026, with a minimum investment of ₹500. Its broad investment mandate allows it to shift between large-, mid- and small-cap stocks based on market opportunities.
HDFC Gold Silver Passive FOF
HDFC Gold Silver Passive FOF is an open-ended fund of funds that seeks to provide exposure to gold and silver through a passive investment approach. The NFO opened on August 24, 2026, and closes on September 7, 2026. Managed by Bhagyash Kalgatkar, the fund carries a Very High Risk rating and requires a minimum investment of ₹100. It benchmarks against the domestic price of gold.
ICICI Prudential Life Cycle Fund 2031
ICICI Prudential Life Cycle Fund 2031 is an open-ended hybrid scheme that follows a life-cycle investment approach. The NFO opened on August 26, 2026, and closes on September 9, 2026. Managed by Atar Shah, the fund carries a High Risk rating and requires a minimum investment of ₹100. It benchmarks against the Nifty 200 Total Return.
ICICI Prudential Dynamic Asset Allocation Passive FOF
ICICI Prudential Dynamic Asset Allocation Passive FOF is an open-ended fund of funds designed around a dynamic asset allocation approach. The NFO opened on August 26, 2026, and closes on September 9, 2026. Managed by Manish Banthia, the fund carries a Very High Risk rating and requires a minimum investment of ₹1,000. It benchmarks against the CRISIL Hybrid 50 + 50 - Moderate Index.
ICICI Prudential Life Cycle Fund 2041
ICICI Prudential Life Cycle Fund 2041 is an open-ended hybrid scheme following a life-cycle investment strategy. The NFO opened on August 26, 2026, and closes on September 9, 2026. Managed by Divya Jain, the fund carries a High Risk rating and requires a minimum investment of ₹100. It benchmarks against the Nifty 200 Total Return.
ICICI Prudential Life Cycle Fund 2036
ICICI Prudential Life Cycle Fund 2036 is an open-ended hybrid scheme following a life-cycle investment approach. The NFO opened on August 26, 2026, and closes on September 9, 2026. Managed by Manasvi Shah, the fund carries a High Risk rating and requires a minimum investment of ₹100. It benchmarks against the Nifty 200 Total Return.
Navi Nifty REITs & Realty Index Fund
Navi Nifty REITs & Realty Index Fund is an open-ended index scheme that aims to provide exposure to the Nifty REITs & Realty Total Return Index. The NFO opened on September 1, 2026, and closes on September 10, 2026. Managed by Ashutosh Shivarkar, the fund carries a Very High Risk rating and requires a minimum investment of ₹100.
The Wealth Company Multi Cap Fund
The Wealth Company Multi Cap Fund is an open-ended diversified equity scheme that invests across market capitalisations. The NFO opened on August 27, 2026, and closes on September 10, 2026. Managed by Chinmay Sathe, the fund carries a Very High Risk rating and requires a minimum investment of ₹1,000. It benchmarks against the Nifty500 Multicap 50:25:25 TRI.
Zerodha Life Cycle Fund 2031
Zerodha Life Cycle Fund 2031 is an open-ended hybrid scheme following a life-cycle investment approach. The NFO opened on August 27, 2026, and closes on September 10, 2026. Managed by Kedarnath Mirajkar, the fund carries a High Risk rating and requires a minimum investment of ₹100. It benchmarks against the Nifty 200 Total Return.
Bank of India Value Fund
Bank of India Value Fund is an open-ended diversified equity scheme that follows a value-oriented investment approach. The NFO opened on August 28, 2026, and closes on September 11, 2026. Managed by Nav Bhardwaj, the fund carries a Very High Risk rating and requires a minimum investment of ₹5,000. It benchmarks against the Nifty 500 Total Return.
Motilal Oswal Quality Fund
Motilal Oswal Quality Fund is an open-ended equity scheme focused on the quality investment theme. The NFO opened on August 28, 2026, and closes on September 11, 2026. Managed by Ankit Agarwal, the fund carries a Very High Risk rating and requires a minimum investment of ₹500. It benchmarks against the NIFTY200 Quality 30 Total Return Index.
UTI BSE India Sector Leaders Exchange Traded Fund
UTI BSE India Sector Leaders Exchange Traded Fund is an open-ended ETF designed to provide exposure to the BSE India Sector Leaders Total Return Index. The NFO opened on August 31, 2026, and closes on September 11, 2026. Managed by Sharwan Kumar Goyal, the fund carries a Very High Risk rating and requires a minimum investment of ₹5,000.
UTI BSE India Sector Leaders Index Fund
UTI BSE India Sector Leaders Index Fund is an open-ended index scheme designed to provide exposure to the BSE India Sector Leaders Total Return Index. The NFO opened on August 31, 2026, and closes on September 11, 2026. Managed by Sharwan Kumar Goyal, the fund carries a Very High Risk rating and requires a minimum investment of ₹1,000.
Final words
The September NFO calendar gives investors several ways to access specific market themes and investment strategies. Sectoral and thematic offerings can provide targeted exposure, while index funds and ETFs follow predefined benchmarks without relying on active stock selection.
Hybrid, debt and fund-of-funds schemes offer different approaches to managing portfolio exposure and risk. Before subscribing, investors should look beyond the NFO price and examine the scheme's underlying assets, risk level, costs and investment horizon.
The right choice ultimately depends on how well the fund fits an investor's existing portfolio, financial objectives and ability to handle market fluctuations.
