Currently, seven mutual fund New Fund Offers (NFOs) and three Special Investment Funds (SIFs) are open for subscription, providing investors with diverse options. Among these, four are Exchange Traded Funds (ETFs), two are index funds, and one is a contra fund. The funds include the Edelweiss Nifty Next 50 ETF, which will close on May 14, and the SBI Nifty200 Value 30 ETF and SBI Nifty Smallcap 250 ETF, both closing on May 18. Additionally, the Axis Nifty Capital Markets Index Fund will close on May 15, while the Groww Nifty Private Bank Index Fund will close on May 20. The Motilal Oswal Contra Fund, a contra fund, is also available and will close on May 22. The SIFs include the Titanium Equity Long-Short Fund from Tata Mutual Fund, closing on May 11, and the Arthaya Equity Long Short Fund from Union Mutual Fund, closing on May 18. Investors should consider these options carefully, noting their respective closing dates.