Seven mutual fund NFOs and three SIFs are currently available for investors to subscribe. The offerings include a mix of ETFs, index funds and one contra fund along with specialized long-short strategies.
Mutual fund houses have launched these products to expand their range of investment options. Among the seven funds, four are ETFs, two are index funds and one is a contra fund, with six classified as passive and one as active. The SIFs follow two distinct strategies focused on equity long-short approaches and sector rotation.