New fund launches are once again taking centre stage in the mutual fund world. AMCs are introducing a mix of equity, hybrid, and structured funds. For investors, these NFOs can be exciting entry points, but they also demand careful evaluation. After all, investing in a new scheme without a track record is more about trust in the fund manager’s vision than past numbers.
Here’s a detailed guide to upcoming NFOs in October 2025, their potential benefits, and the key schemes worth tracking if you’re planning to add fresh ideas to your portfolio.
What Is an NFO?
The term NFO, or New Fund Offer, refers to the initial offering of units of a new mutual fund scheme by an AMC. Much like an IPO in the stock market, an NFO allows investors to subscribe at a fixed price, usually ₹10 per unit. Once the subscription period closes, the fund becomes live, and its units are valued based on market performance.
The NFO meaning is simple: it’s a way for investors to access a new investment opportunity from the very beginning. One of the biggest advantages of investing in an NFO is the opportunity to enter early at a lower unit price, gain exposure to new or emerging sectors, and diversify your portfolio with innovative themes that may not be available in existing schemes.
Key Upcoming NFOs in October 2025
Here are some of the notable NFOs launching this month:
NFO Name | Scheme Type | Scheme Category | Launch Date | Close Date |
ICICI Prudential Conglomerate Fund | Open Ended | Equity | 03 Oct 2025 | 17 Oct 2025 |
Invesco India Consumption Fund | Open Ended | Equity | 03 Oct 2025 | 17 Oct 2025 |
Kotak Gold Silver Passive FOF | Open Ended | Others | 06 Oct 2025 | 20 Oct 2025 |
Motilal Oswal Consumption Fund | Open Ended | Equity | 01 Oct 2025 | 15 Oct 2025 |
1. ICICI Prudential Conglomerate Fund
The fund is designed to invest in large, well-diversified, promoter-led business groups that span multiple sectors. Its focus is on resilient companies with strong fundamentals, diversified revenue streams, and the ability to weather market volatility while capitalizing on growth opportunities during bullish phases.
Should You Invest in ICICI Prudential Conglomerate Fund?
This fund is ideal for investors looking to tap into India’s leading conglomerates. It offers exposure to multi-sector synergy and long-term stability. Investors with a thematic approach can consider this fund for its potential to deliver steady growth even in volatile market phases.
2. Invesco India Consumption Fund
This thematic equity fund focuses on companies benefiting from India’s expanding consumer base and rising purchasing power. The fund taps into the long-term growth story driven by urbanization, rising income levels, and changing lifestyle trends.
Should You Invest in Invesco India Consumption Fund?
Investors confident in India’s growing consumption theme and long-term economic potential can consider this fund. It adds focused exposure to sectors benefiting from rising domestic demand and can complement an existing diversified equity portfolio.
3. Kotak Gold Silver Passive Fund of Funds (FoF)
This fund provides investors with exposure to both gold and silver through ETFs. With the festive season driving demand, ongoing geopolitical tensions, and a global shift toward safe-haven assets, the timing couldn’t be more relevant. It offers a simple way to diversify across precious metals, helping safeguard wealth against inflation and market volatility, all through a passive and systematically managed approach.
Should You Invest in Kotak Gold Silver Passive FoF?
This fund is ideal for investors looking to diversify their portfolio with exposure to gold and silver. Its passive structure helps keep costs low, making it an efficient and convenient addition to the portfolios that lack precious metals.
4. Motilal Oswal Consumption Fund
Similar to the Invesco fund, this scheme invests primarily in consumption-driven companies. It allows investors to participate in India’s consumption story while diversifying their equity allocation.
Should You Invest in Motilal Oswal Consumption Fund?
Investors who want to diversify their portfolio with thematic exposure to consumption-driven sectors can consider this fund. Suitable for investors with a long-term horizon who are comfortable with short-term volatility.
How to Select the Right NFO?
Before investing in any NFO, consider the following factors:
Fund Objective – Ensure that the fund’s goals align with your financial plan and risk appetite.
Fund Manager Experience – Check the track record of the fund manager, particularly in managing similar strategies.
Expense Ratio – Evaluate long-term cost efficiency. Regular plans offer added guidance and support, which can help in making better decisions over time.
Investment Horizon – Match the fund’s recommended holding period to your own financial goals.
Liquidity & Redemption Terms – Some structured funds may have restricted redemptions or lock-in periods, so check before investing.
How to Invest in an NFO
You can invest in NFOs through two routes: Direct and Regular plans.
Direct Plan: You invest directly with the AMC, handling all paperwork and portfolio management yourself.
Regular Plan: You invest through a Mutual Fund Distributor (MFD) that offers ongoing advice, helps track performance, and ensures you stay aligned with your goals, especially during market fluctuations.
Features | Direct Plan | Regular Plan |
Investment Mode | Directly through AMC | Through MFD or advisor |
Advisor Support | Not available | Continuous portfolio guidance |
Cost Efficiency | Lower expense ratio, but self-managed | Slightly higher expense ratio, but professional advice helps avoid costly mistakes |
Portfolio Review | Self-managed | Regular monitoring and rebalancing by MFD |
Scope | Investment only | Holistic planning aligning with goals and risk appetite |
While direct plans may reduce costs slightly, investing through a regular plan provides ongoing guidance, encourages disciplined investing, and supports well-planned asset allocation, helping investors achieve more consistent long-term results.
Conclusion
Remember, while NFOs may seem attractive, they come with certain drawbacks, the most significant being the lack of a performance track record. Investing in an NFO solely based on limited information is not advisable. It’s important to ensure that the investment aligns with your overall portfolio health and long-term financial goals.
For personalized guidance, Ashvvy Investments can help you analyse upcoming NFOs, align them with your financial goals, and determine the optimal allocation for your portfolio.
