Upcoming Mutual Fund NFOs In April 2026: Zerodha and Kotak Launch New Schemes

The Indian mutual fund industry is set to witness new product launches in April 2026 with 2 distinct New Fund Offers (NFOs). These include a hybrid index fund from Zerodha Mutual Fund and a multi-asset fund of funds from Kotak Mahindra Mutual Fund.

Both schemes aim to cater to evolving investor preferences through diversified asset allocation strategies. The offerings reflect a mix of passive and active investment approaches within the mutual fund space.

Zerodha Hybrid Index Fund Structure

The Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund will open on April 1, 2026, and close on April 15, 2026.

Asset Allocation and Investment Strategy

The equity portion, accounting for 70% of the portfolio, replicates the Nifty LargeMidcap 250 Index. This index provides exposure to 100 large-cap and 150 mid-cap companies.

The remaining 30% is allocated to the Nifty 8-13 year G-Sec Index, focusing on long-duration government bonds. This structure enables automatic rebalancing between growth-oriented equities and relatively stable debt instruments.

Kotak Multi Asset FoF Framework

Allocation Mix and Risk Profile

The Kotak FoF targets an allocation of approximately 55% to equity-oriented schemes, 30% to debt-oriented schemes, and 15% to commodity-based instruments such as gold and silver ETFs. The inclusion of precious metals provides diversification and a hedge against inflation and market volatility.

Both NFOs are classified under a “Very High” risk category due to their equity exposure and dynamic allocation strategies. Minimum investment requirements are ₹100 for Zerodha’s fund and ₹1,000 for Kotak’s offering, with varying exit load structures.

Read More: Several Equity Mutual Funds Surpass ₹70,000 Crore AUM, with Top Schemes Crossing ₹1 Lakh Crore.

Conclusion

The upcoming NFOs in April 2026 highlight the evolving structure of mutual fund offerings in India. Zerodha’s hybrid index fund focuses on a passive, rule-based allocation strategy, while Kotak’s FoF adopts an actively managed multi-asset approach.

Both schemes aim to provide diversified exposure across asset classes. These launches reflect broader trends toward flexible and diversified investment solutions within the mutual fund industry.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.