Five Mutual Funds and Two SIFs Open for Subscription from June 29 to July 3
Between June 29 and July 3, five new mutual funds and two Special Investment Funds (SIFs) will open for subscription, aiming to expand fund houses' portfolios. Notable launches include ICICI Prudential's Balanced Hybrid Fund and Multi-Asset Active FOF, JioBlackRock's Prism Hybrid Long-Short Fund, and Invesco's Summit Equity Long-Short Fund. Minimum investments range from Rs 500 to Rs 10 lakh, with subscription periods varying by fund.