New Mutual Fund NFOs Launching August 2026

August 2026 marks a period of significant activity in the mutual fund sector, with multiple fund houses launching new fund offers (NFOs) for investors. These launches span various categories, from ultra short-term debt to multi-asset allocation schemes.

Edelweiss Mutual Fund has introduced the Edelweiss Ultra Short-Term Fund, an open-ended debt scheme designed to invest in debt and money market instruments. This fund aims to generate income while maintaining a Macaulay duration between 3 to 6 months.

The NFO for the Edelweiss Ultra Short-Term Fund opens on August 17, 2026, and will close on August 24, 2026. It features no entry or exit load, with a minimum subscription amount of Rs 100.

• Macaulay Duration: 3 to 6 months
• Interest Rate Risk: Relatively low
• Credit Risk: Moderate
• Benchmark: CRISIL Ultra Short Duration Debt A-I
• Fund Managers: Rahul Dedhia and Kedar Karnik

August 2026 NFO Landscape

Beyond Edelweiss, two other major fund houses are also bringing new investment opportunities to the market this month. ITI Mutual Fund and Nippon India Mutual Fund are expanding their offerings with distinct new schemes.

• ITI Mutual Fund: Multi-Asset Allocation Fund, open from August 17 to August 31, 2026.
• Nippon India Mutual Fund: Income Plus Arbitrage Fund of Fund, available from August 17 to August 19, 2026.

These diverse NFOs provide investors with a range of options, from short-term debt exposure to multi-asset and arbitrage strategies, aligning with varying risk appetites and financial objectives in the current market cycle.