Upcoming NFOs Opening From Apr 23–May 08, 2026: Motilal Oswal Contra Fund, Invesco India BSE Sensex Index Fund and More

New Fund Offers (NFOs) give investors a chance to invest in mutual fund schemes right at launch, usually at a fixed initial offer price. These funds cover a wide variety of strategies, from diversified asset allocation and arbitrage to more advanced approaches like long–short investing.

Between April 23 and May 08, 2026, asset management companies are rolling out several mutual fund schemes along with a specialised investment fund (SIF), aimed at meeting different investment goals and risk appetites.

Upcoming NFOs (Apr 23–May 08, 2026)

Overview of Upcoming NFOs

1. Motilal Oswal Contra Reg Gr

The Motilal Oswal Contra Reg Gr is an open-ended equity mutual fund in the contra category that aims to generate long-term capital appreciation by mainly investing in equities and equity-related instruments using a contrarian investment approach. 

The NFO subscription will open on May 8, 2026, and close on May 22, 2026, with an offer price of ₹10 per unit and a minimum initial investment of ₹500. An exit load of 1% applies if redeemed within 365 days, while no exit load is charged after one year. However, like all market-linked investments, achieving the fund’s objective is not guaranteed.

2. Invesco India BSE Sensex Index Reg Gr

The Invesco India BSE Sensex Index Reg Gr is an open-ended index fund designed to track the performance of the BSE Sensex Total Return Index (TRI) through passive investments in equities and equity-related securities that closely replicate the index composition, while being subject to tracking error. 

The NFO subscription opens on April 23, 2026, and closes on May 7, 2026, at an offer price of ₹10 per unit, with a minimum investment of ₹100. There is no exit load applicable on redemptions. However, like all market-linked investments, there is no guarantee that the scheme will achieve its investment objective.

3. Invesco India Nifty Bank Index Reg Gr

The Invesco India Nifty Bank Index Reg Gr is an open-ended index fund that aims to mirror the performance of the Nifty Bank Total Return Index through passive investments in equity and equity-related securities that closely replicate the index composition, subject to tracking error. 

The NFO opens for subscription on April 23, 2026, and closes on May 7, 2026, at an offer price of ₹10 per unit, with a minimum investment requirement of ₹100. There is no exit load applicable on redemptions. However, as with all market-linked investments, the fund does not guarantee that its investment objective will be achieved.

Read More: SEBI Proposes Mutual Fund Gifting via PPI’s: All You Need to Know.

Conclusion

The upcoming NFO window offers investors a mix of strategies, from a contrarian equity fund to passive index funds tracking the Sensex and Nifty Bank. With low entry costs and different risk-return approaches, investors can choose funds that align with their long-term goals and investment style.

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 or 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. 

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