Best NFOs to Invest in April 2026: Full List of Ongoing and Upcoming New Fund Offers
April 2026 has brought a steady flow of new mutual fund launches across equity, hybrid, and debt categories. For investors who want to enter a fund at its initial ₹10 NAV, New Fund Offers (NFOs) provide an opportunity to participate from the beginning of a scheme’s journey.
Instead of spending hours tracking multiple asset management company websites, we’ve compiled the complete list of ongoing and upcoming NFOs in April 2026 so investors can quickly see which schemes are currently open or launching soon.
At RingMoney, we continuously track these launches so investors can easily discover and invest in the latest NFOs directly from one platform.
Key Highlights of April 2026 NFO Launches
Before diving into the full list, here are some quick insights from the April 2026 NFO pipeline.
- Several multi-asset and arbitrage strategies are launching this month, reflecting investor demand for diversification.
- Sectoral exposure is gaining traction with funds like the defence index fund.
- Minimum investment requirements vary significantly, starting from ₹100 for index funds to ₹10 lakh for long-short strategies.
- Many funds closing in mid-April have a limited subscription window.
These trends show how fund houses are focusing on specialised strategies rather than traditional diversified equity funds.
Ongoing NFOs in April 2026
The following NFOs are currently open for subscription in April 2026. These schemes include hybrid arbitrage funds, multi-asset funds, thematic index funds, and long-short equity strategies.
NFO Name | Scheme Type | Category | Start Date | Close Date | Minimum Investment |
QSIF Active Asset Allocator Long-Short Fund (G) | Interval Scheme | Hybrid | 02 Apr 2026 | 16 Apr 2026 | ₹10,00,000 |
QSIF Active Asset Allocator Long-Short Fund (I) | Interval Scheme | Hybrid | 02 Apr 2026 | 16 Apr 2026 | ₹10,00,000 |
Groww Arbitrage Fund (G) | Open Ended | Hybrid | 08 Apr 2026 | 22 Apr 2026 | ₹500 |
Groww Arbitrage Fund (I) | Open Ended | Hybrid | 08 Apr 2026 | 22 Apr 2026 | ₹500 |
Kotak Multi Asset Active FOF (G) | Open Ended | Multi-Asset | 08 Apr 2026 | 22 Apr 2026 | ₹1,000 |
Kotak Multi Asset Active FOF (I) | Open Ended | Multi-Asset | 08 Apr 2026 | 22 Apr 2026 | ₹1,000 |
Axis Nifty India Defence Index Fund (G) | Open Ended | Index / Sectoral | 10 Apr 2026 | 24 Apr 2026 | ₹100 |
Sapphire Equity Long-Short SIF (G) | Open Ended | Equity | 10 Apr 2026 | 24 Apr 2026 | ₹10,00,000 |
Sapphire Equity Long-Short SIF (I) | Open Ended | Equity | 10 Apr 2026 | 24 Apr 2026 | ₹10,00,000 |
These NFOs represent a mix of arbitrage strategies, sectoral index exposure, and long-short strategies, giving investors different ways to participate in the market depending on their risk profile.
Best NFOs to Watch in April 2026
Among the current launches, a few NFOs are receiving strong attention from investors due to their strategy and accessibility.
Some notable NFOs include:
- Axis Nifty India Defence Index Fund – Provides exposure to India’s growing defence sector through a passive index strategy.
- Groww Arbitrage Fund – Suitable for investors looking for relatively lower volatility strategies within the equity taxation framework.
- Kotak Multi Asset Active FoF – Diversifies across equity, debt, and commodities through mutual funds and ETFs.
Investors should always evaluate whether the fund strategy aligns with their investment horizon and risk tolerance before investing.
Upcoming NFOs in April 2026
Several mutual funds are scheduled to open in the second half of April. These include short-duration debt index funds and long-short equity strategies.
NFO Name | Start Date | Close Date |
SBI CRISIL-IBX Financial Services 3-6 Months Debt Index Fund (G) | 15 Apr 2026 | 20 Apr 2026 |
SBI CRISIL-IBX Financial Services 3-6 Months Debt Index Fund (I) | 15 Apr 2026 | 20 Apr 2026 |
SBI CRISIL-IBX Financial Services 9-12 Months Debt Index Fund (G) | 15 Apr 2026 | 20 Apr 2026 |
SBI CRISIL-IBX Financial Services 9-12 Months Debt Index Fund (I) | 15 Apr 2026 | 20 Apr 2026 |
WSIF Equity Ex-Top 100 Long-Short Fund (G) | 15 Apr 2026 | 29 Apr 2026 |
WSIF Equity Ex-Top 100 Long-Short Fund (I) | 15 Apr 2026 | 29 Apr 2026 |
WSIF Equity Long-Short Fund (G) | 15 Apr 2026 | 29 Apr 2026 |
WSIF Equity Long-Short Fund (I) | 15 Apr 2026 | 29 Apr 2026 |
These upcoming launches focus mainly on debt index strategies and long-short equity funds, which are increasingly popular among investors seeking diversification beyond traditional equity funds.
Why Investors Track NFOs Carefully
Many investors follow NFO launches because they offer early access to new strategies and investment themes. Some NFOs focus on specific sectors such as defence, while others introduce new portfolio allocation approaches like multi-asset or long-short investing.
However, the biggest challenge is tracking multiple NFOs across different platforms and remembering subscription deadlines. Missing the closing date means waiting until the fund lists later at market NAV.
Benefits of Investing in NFOs
Investing in NFOs can offer several advantages for investors who want to explore new opportunities.
Key benefits include:
- Entry at the base NAV – Most NFOs launch at ₹10 per unit.
- Access to new strategies – Fund houses often introduce innovative themes through NFOs.
- Portfolio diversification – Investors can add new asset classes or sectors to their portfolio.
- Long-term participation – Early investors participate in the fund’s growth journey from the beginning.
Things to Check Before Investing in an NFO
While NFOs offer early entry opportunities, investors should evaluate a few factors before investing.
Important things to review include:
- Investment strategy: Understand whether the fund follows active management, passive indexing, arbitrage, or long-short strategies.
- Risk level: Sectoral funds and thematic funds may experience higher volatility.
- Fund house track record: Look at the performance of other funds managed by the AMC.
- Minimum investment requirement: Some NFOs require significantly higher investment amounts.
Doing a quick evaluation helps ensure the NFO fits within your overall investment portfolio.
Invest in NFOs Easily with RingMoney
At RingMoney, we simplify the process of discovering and investing in NFOs so investors don’t miss promising opportunities.
With the RingMoney app, investors can:
- Track all ongoing and upcoming NFOs in one place
- Compare funds quickly before investing
- Subscribe to NFOs directly from the platform
- Monitor their mutual fund portfolio from a single dashboard
Instead of visiting multiple AMC websites or brokerage platforms, RingMoney allows investors to discover new funds, evaluate them, and invest within minutes.
How to Invest in NFOs Through RingMoney
Investing in new fund offers does not have to be complicated.
With the RingMoney app, investors can subscribe to NFOs in just a few steps:
- Download and sign in to the RingMoney app
- Navigate to the NFO section
- Compare available schemes
- Select the fund you want to invest in
- Complete the investment within minutes
Final Thoughts
April 2026 has introduced a wide variety of NFOs across arbitrage, sectoral index funds, multi-asset strategies, and debt index funds. For investors who want to stay ahead of new opportunities, keeping track of these launches is essential.
We regularly update our list so investors can stay informed about every ongoing and upcoming NFO in the market.
If you want the easiest way to explore and invest in these opportunities, download the RingMoney app and start investing in NFOs seamlessly from one place.
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Frequently Asked Questions
What is an NFO in mutual funds?
An NFO (New Fund Offer) is the first subscription period during which investors can buy units of a newly launched mutual fund scheme.
Is it better to invest in an NFO or an existing fund?
Both options have advantages. Existing funds have a track record, while NFOs provide access to new strategies and sectors.
What is the minimum investment for NFOs?
Minimum investment varies by fund. Some NFOs start from ₹100, while others may require higher amounts.
How can I invest in NFOs easily?
Investors can track and invest in the latest NFOs through platforms like the RingMoney app.
