NFO Watch: 5 New Mutual Fund Offers Closing This Week, 5 More To Track in June 2025

Mutual Fund NFO June 2025: The month of June 2025 has so far seen the launch of several new fund offers (NFOs) by leading mutual fund houses in India. The coming week, from June 16-20, will see five NFOs from DSP, Tata, Motilal Oswal, and Samco close. 

Another five will close later in the month. 

Here’s a quick look at these 10 NFOs that investors should keep on radar.

DSP Nifty Healthcare Index Fund (NFO: June 2-16)

DSP Mutual Fund launched the DSP Nifty Healthcare Index Fund on June 2, 2025. This open-ended index fund aims to track the performance of the Nifty Healthcare Total Return Index.

The NFO is set to close on June 16, 2025. The minimum subscription during the offer period is Rs 100. The fund has no exit load, as per the fund’s scheme information document (SID).

DSP Nifty IT Index Fund (NFO: June 2-16)

DSP Mutual Fund launched the DSP Nifty IT Index Fund on June 2, 2025. This open-ended index fund aims to track the performance of the Nifty IT Index. 

The NFO closes on June 16, 2025. The minimum subscription during the offer period is Rs 100. The fund’s SID states there is no exit load.

Tata Nifty Midcap 150 Index Fund (NFO: June 2-16)

Tata Mutual Fund launched the Tata Nifty Midcap 150 Index Fund on June 2, 2025. This open-ended index fund aims to track the Nifty Midcap 150 Total Return Index.

The NFO closes on June 16, 2025, and the minimum investment is Rs 5,000. The fund has an exit load of 0.25 per cent, which will be applicable if units are redeemed within 15 days of allotment.

Motilal Oswal BSE 1000 Index Fund (NFO: June 5-19)

Motilal Oswal Mutual Fund launched the Motilal Oswal BSE 1000 Index Fund on June 5, 2025. This open-ended index fund aims to mirror the performance of the BSE 1000 Index.

The NFO closes on June 19. The minimum investment amount is Rs 500.

An exit load of 1 per cent will apply if the units are redeemed within 15 days. There is no exit load thereafter.

Samco Large & Mid Cap Fund (NFO: June 5-19)

Samco Mutual Fund launched the Samco Large & Mid Cap Fund on June 5, 2025. This open-ended equity scheme is benchmarked against Nifty Large Midcap 250 Total Return Index and aims for long-term capital growth by investing in a mix of large- and mid-cap stocks.

The NFO closes on June 19. The minimum investment is Rs 5,000. Investors can redeem up to 10 per cent of units without any exit load. Redemptions above that within 12 months will attract a 1 per cent exit load. There is no exit load after one year.

Baroda BNP Paribas Health and Wellness Fund (NFO: June 9-23)

Baroda BNP Paribas Mutual Fund launched the Baroda BNP Paribas Health and Wellness Fund on June 9, 2025. The open-ended equity scheme focuses on the pharma and healthcare sectors. The fund primarily invests in stocks of companies within these segments and is benchmarked against the BSE Healthcare Total Return Index.

The NFO is set to close on June 23. The fund allows investors to start with a minimum investment of Rs 1,000.

According to the NFO’s SID, the fund will not charge an exit load if investors redeem or switch up to 10 per cent of their units within one year. If investors redeem or switch more than 10 per cent, a 1 per cent exit load will apply. After one year, there is no exit load.

ICICI Prudential Nifty Top 15 Equal Weight ETF (NFO: June 10-24)

ICICI Prudential Mutual Fund launched the ICICI Prudential Nifty Top 15 Equal Weight ETF on June 10, 2025. This open-ended exchange traded fund (ETF) aims to track the Nifty Top 15 Equal Weight Index.

The NFO closes on June 24. Minimum investment during the NFO is Rs 1,000.

There is no exit load, though investors will bear brokerage costs when trading on stock exchanges. The scheme is proposed to be listed on both the BSE and the NSE.

ICICI Prudential Nifty Top 15 Equal Weight Index Fund (NFO: June 10-24)

ICICI Prudential Mutual Fund launched the ICICI Prudential Nifty Top 15 Equal Weight Index Fund on June 10, 2025. This open-ended index fund aims to replicate the Nifty Top 15 Equal Weight Index by investing in its constituent stocks in equal proportion.

The NFO closes on June 24. There is no exit load, and the minimum investment during the NFO is Rs 1,000.

Groww Nifty India Internet ETF (NFO: June 13-27)

Groww Mutual Fund launched the Groww Nifty India Internet ETF on June 13, 2025. This open-ended exchange-traded fund (ETF) aims to mirror the performance of the Nifty India Internet Index by investing in its constituents in the same proportion.

The NFO closes on June 27. There is no exit load, and the minimum investment during the offer period is Rs 500.

Groww Nifty India Internet ETF FOF (NFO: June 13-27)

Groww Mutual Fund launched the Groww Nifty India Internet ETF FOF on June 13, 2025. This open-ended fund of fund (FoF) aims to generate long-term capital growth by investing in units of the Groww Nifty India Internet ETF.

The NFO closes on June 27. There is no exit load, and the minimum investment is Rs 500.