Mutual Fund Update: New Fund Offer (NFO)

Henil Shah
/ Categories: Mutual Fund, MF Unlocked
Mutual Fund Update: New Fund Offer (NFO)

If we look at the funds which are open for subscription this month, we find that 50 per cent of the funds were close-ended type and the remaining 50 per cent were open-ended type. There are overall 8 funds which are open for subscription and among them, four are income category close-ended funds and of the open-ended type, two funds are equity - multi-cap category; one is from debt - banking and PSU category and the last one is from equity - small-cap category. This time, ITI is the newest AMC (Asset Management Company) to launch its fund.

Scheme Name

Type

Category

Open Date

Close Date

Aditya Birla Sun Life Fixed Term Plan - Series SN (1099 days)

Close Ended

Income

26-Apr-19

06-May-19

ICICI Prudential Fixed Maturity Plan - Series 86 - 1099 Days Plan B

Close Ended

Income

24-Apr-19

30-Apr-19

Indiabulls Banking & PSU Debt Fund

Open Ended

Banking and PSU Fund

25-Apr-19

09-May-19

ITI Multi Cap Fund

Open Ended

Multi Cap Fund

25-Apr-19

09-May-19

Mirae Asset Focused Fund

Open Ended

Multi Cap Fund

23-Apr-19

07-May-19

Principal Small Cap Fund

Open Ended

Small Cap Fund

22-Apr-19

06-May-19

SBI Fixed Maturity Plan (FMP) - Series 4 (365 Days)

Close Ended

Income

23-Apr-19

30-Apr-19

UTI - Fixed Term Income Fund Series XXXI-XIII (1127 Days)

Close Ended

Income

22-Apr-19

06-May-19

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