Top 6 Mutual Fund NFOs Open for Subscription: September 2025

Want to invest smart this month? Check out these top mutual fund NFOs that are open for subscription. September 2025 has six new fund offers (NFOs) for retail investors. NFOs are a way for Mutual Fund houses to launch a new scheme and allow investors to participate at the very beginning. From dynamic asset allocation to small cap index ETFs, this September's NFO mix delivers choices for all. No matter your style or if you are looking for stability or growth.

List of Top 6 Mutual Fund NFOs Open for Subscription

1. Axis Nifty500 Quality 50 Index Fund
   

   Launched on August 21, 2025, this fund will be open for subscription until September 4, 2025. Its purpose is to replicate the Nifty500 Quality 50 Index, which focuses on fundamentally strong large-cap companies. Investors can start with just Rs 100 and add more in multiples of Re 1.

2. Baroda BNP Paribas Business Conglomerates Fund
   

   This thematic fund, open from September 2 to September 15, invests in companies that are part of India's biggest business combine like Tata, Reliance, Adani and more. Its goal is to get long-term capital growth by tapping into the strength of these well-established groups. Minimum investment is Rs 1,000 lumpsum or Rs 500 via SIP.

3. Edelweiss Nifty Large MidCap 250 ETF
   

   This ETF NFO opened on August 29 and closes on September 2, 2025. It tracks the Nifty LargeMidCap 250 Index, giving portfolio exposure to both large and mid-cap companies. The minimum investment is Rs 5,000, which is suitable for investors looking for broad market diversification.

4. SBI Dynamic Asset Allocation Active FoF
   

   Open until September 8, this fund-of-funds adjusts its mix between equity and debt dynamically depending on market trends. It started on August 25 and allows investors to start with Rs 5,000. Ideal for those looking for a balanced approach with professional expert management.

5. Union Diversified Equity All-Cap Active FoF
   

   This NFO opened on September 1 and closes on September 15. It spreads investment across large, mid and small cap equity funds for better diversification. Minimum subscription starts from 1,000.

6. Zerodha Nifty Small Cap 100 ETF
   

   This small-cap ETF opened on August 25 and is available until September 5, 2025. It invests in the Nifty Smallcap 100 index, giving investors a chance to participate in high-growth small-cap companies. Minimum investment is Rs 1,000.

Key Takeaway for Investors

September 2025 is a hectic month for NFOs, offering options across index funds, ETFs and fund-of-funds. Whether you want to invest in quality large caps, diversified equity or small-cap opportunities, these schemes give you various choices. Always pick the fund that suits your risk tolerance, investment duration and financial goals before investing.