The mutual fund industry is set to witness a fresh round of new fund launches this week, with asset management companies introducing a mix of specialised investment funds (SIFs) and a passive exchange traded fund (ETF).
These upcoming new fund offers (NFOs) cover long-short strategies, hybrid allocation approaches and passive index tracking products. The launches reflect continued efforts by fund houses to expand their product offerings across different investment categories.
| Fund / Scheme | Category | Fund Type | Subscription Closing Date |
| 360 One MSCI India ETF | ETF | Passive | 20-May |
| iSIF Equity Long-Short Fund | SIF | Long-Short Strategy | 02-Jun |
| iSIF Active Asset Allocator Long-Short Fund | SIF | Asset Allocation Long-Short | 02-Jun |
| Platinum Hybrid Long-Short Fund | SIF | Hybrid Long-Short | 03-Jun |
| Altiva Equity Ex-Top 100 Long-Short Fund | SIF | Equity Long-Short | 01-Jun |
This week’s NFO line-up includes one passive mutual fund scheme and four specialised investment funds. The ETF offering provides index-based exposure through a passive structure, while the SIF launches focus on alternative strategies involving long-short positioning and hybrid allocation models.
Most of the SIF offerings require a minimum investment amount of ₹10 lakh, indicating that these products are aimed at investors comfortable with higher-risk and strategy-driven investment structures.
360 One Mutual Fund is launching the 360 One MSCI India ETF, which will open for subscription on 18 May and close on 20 May.
The ETF is designed to track the MSCI India Index through a passive investment approach. Investors can participate with a minimum investment amount of ₹5,000.
ICICI Prudential Mutual Fund is bringing two specialised investment funds to the market:
The iSIF Equity Long-Short Fund will open for subscription on 19 May and close on 2 June. The fund follows a long-short equity strategy and requires a minimum investment of ₹10 lakh.
The iSIF Active Asset Allocator Long-Short Fund will also remain open between 19 May and 2 June. The scheme combines asset allocation with long-short positioning across investment opportunities. The minimum investment amount is ₹10 lakh.
Mirae Asset Mutual Fund’s Platinum Hybrid Long-Short Fund is scheduled to open for subscription on 20 May and close on 3 June.
The scheme falls under the hybrid category and incorporates a long-short investment strategy. Investors can subscribe with a minimum investment of ₹10 lakh.
Edelweiss Mutual Fund is launching the Altiva Equity Ex-Top 100 Long-Short Fund, which will remain open for subscription from 18 May to 1 June.
The scheme focuses on equities outside the top 100 companies by market capitalisation while adopting a long-short investment framework. The minimum investment amount is ₹10 lakh.
Read More: Upcoming NFOs in May 2026.
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Investors tracking mutual fund launches and specialised investment strategies may continue monitoring upcoming NFO activity through May 2026 for additional passive and active product offerings.
The latest set of NFO launches includes a combination of passive and strategy-oriented investment products across ETF and SIF categories. With varying investment mandates, minimum investment requirements and subscription periods, investors may evaluate these schemes based on their investment objectives, risk tolerance and portfolio requirements.
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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.
Published on: May 18, 2026, 10:30 AM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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