The fortnight in one table
Between 28 September and 12 October 2026 our tracker lists 17 new fund offers, all open-ended. By type:
| Type | Count |
|---|---|
| Index funds | 7 |
| ETFs | 4 |
| Fund-of-funds (domestic) | 2 |
| Debt / income schemes | 2 |
| Equity (actively managed) | 1 |
| Life cycle fund | 1 |
Eleven of the 17, 65%, are passive: seven index funds and four ETFs. Only one is an actively managed equity scheme, ICICI Prudential Contra Fund. That is the ratio to keep in mind when someone says "launch season".
Every launch
| Opens | Fund house | Scheme | Type |
|---|---|---|---|
| 28 Sep | ICICI Prudential | Contra Fund | Equity |
| 28 Sep | Mirae Asset | Life Cycle Fund 2056 | Life cycle |
| 28 Sep | WhiteOak Capital | Diversified Equity Small Cap Active FOF | Fund of funds |
| 29 Sep | Nippon India | CRISIL-IBX FAR Gilt ETF | ETF |
| 30 Sep | Aditya Birla Sun Life | BSE Total Market Index Fund | Index fund |
| 30 Sep | Aditya Birla Sun Life | BSE Total Market ETF | ETF |
| 5 Oct | HDFC | Nifty LargeMidcap250 Plus 8–13 yr G-sec 70:30 Index Fund | Index fund |
| 5 Oct | Jio BlackRock | Income Plus Arbitrage Omni FOF | Fund of funds |
| 5 Oct | Kotak Mahindra | Nifty 500 Index Fund | Index fund |
| 8 Oct | Aditya Birla Sun Life | Financial Services Sectoral Debt Fund | Debt |
| 12 Oct | Carnelian | Liquid Fund | Debt |
| 12 Oct | ICICI Prudential | Nifty Pharma ETF | ETF |
| 12 Oct | Motilal Oswal | Nifty Midcap150 Plus 8–13 yr G-Sec 70:30 Index Fund | Index fund |
| 12 Oct | Zerodha | BSE Top 10 Banks ETF | ETF |
| 12 Oct | quant | Nifty Midcap 150 Index Fund | Index fund |
| 12 Oct | quant | Nifty 50 Index Fund | Index fund |
| 12 Oct | quant | Nifty 100 Index Fund | Index fund |
Three things worth noticing
Hybrid index funds are a new template. HDFC and Motilal Oswal each opened a 70:30 index fund that mixes an equity index with an 8–13 year government securities index. These are index funds that hold both stocks and bonds, so they sit between an equity index fund and a balanced fund. They do not have long records, so no returns can be quoted.
Quant opened three index funds on one day. On 12 October it launched Nifty 50, Nifty 100 and Nifty Midcap 150 index funds together. The Nifty 50 already has dozens of rivals; our cheapest Nifty 50 index funds shows how little separates them on cost.
Newer names appear. Carnelian opens a liquid fund, and Jio BlackRock and Zerodha also launched. See the newest fund houses in India for who is new.
Before you apply to any of them
- A new fund has no record. Compare it with funds in the same category using the screener, and check its expense ratio when it appears.
- A ₹10 unit price does not make an NFO cheap. Our low NAV myth post explains why.
- For more on whether to invest at launch at all, read should you invest in an NFO.
For the previous month's launches see new fund offers in September 2026.
Source: our NFO tracker, opening dates 28 September to 12 October 2026. Counts reflect launches on that list and are not a complete industry record.
Frequently asked questions
Does a new fund offer have any advantage?
No. A NFO units price at ₹10 whatever the underlying market is doing, so a low unit price is not cheaper. A new fund has no track record, so its category peers are the only guide to what it might do.
Which AMCs launched the most?
Aditya Birla Sun Life and quant launched three each, ICICI Prudential two, and Carnelian, Jio BlackRock, Mirae Asset, Zerodha, WhiteOak, HDFC, Kotak, Motilal Oswal and Nippon India one each.
Are these all of India's launches?
They are the NFOs on our list with opening dates from 28 September to 12 October 2026. Our list comes from published launch notices, so a launch announced late may be missing.
This is commentary on published data, not investment advice. WealthTicker is not a SEBI-registered adviser or distributor. Figures are WealthTicker’s own calculations from public data — AMFI’s fund NAVs and disclosures, NSE’s index and FII/DII files, and the fund houses’ monthly portfolios (how we calculate). They are as of the dates stated and can be revised by their source.
Keep reading
New fund offers in September 2026: what launched
21 new schemes began trading in September 2026 and 9 more NFOs opened late in the month. Real-estate index funds, life-cycle funds and four ETFs led the list.
New mutual funds in September 2026: 22 launches
22 new schemes published a first NAV in September 2026, against 13 a year earlier. Nine of the 11 equity-linked launches are below their first NAV.
2026's new equity funds: how they've done since launch
22 active equity funds started in January–June 2026. 16 are ahead of the Nifty 500 since their first NAV, but 7 of the 10 diversified ones trail older funds.