Mutual Fund Update: New Fund Offer (NFO)
If we look at the funds which are open for subscription then there are 40 per cent of the funds of close ended type and 60 per cent is from open ended type. There are overall 10 funds which are open for subscription and among that 4 are income category close ended funds and from open ended type there are 2 funds from equity scheme - sectoral/thematic fund category, 1 fund from debt scheme – overnight fund category, 1 fund from hybrid scheme – dynamic asset allocation or balanced advantage fund category, 1 from hybrid scheme – aggressive hybrid fund category and 1 from equity scheme – focused funds category.
| Scheme Name | Type | Category | Open Date | Close Date |
| Aditya Birla Sun Life Pharma and Healthcare Fund | Open Ended | Sectoral/ Thematic | 20-Jun-19 | 04-Jul-19 |
| Indiabulls Overnight Fund | Open Ended | Overnight Fund | 20-Jun-19 | 04-Jul-19 |
| Quantum India ESG Equity Fund | Open Ended | Sectoral/ Thematic | 21-Jun-19 | 05-Jul-19 |
| SBI Fixed Maturity Plan (FMP) - Series 9 (1178 Days) | Close Ended | Income | 19-Jun-19 | 24-Jun-19 |
| Shriram Balanced Advantage Fund | Open Ended | Dynamic Asset Allocation or Balanced Advantage | 14-Jun-19 | 28-Jun-19 |
| UTI - Fixed Term Income Fund Series XXXII-II(1111 Days) | Close Ended | Income | 19-Jun-19 | 03-Jul-19 |
| Indiabulls FMP Series VI- Plan 2- 1135 Days | Close Ended | Income | 28-Jun-19 | 12-Jul-19 |
| Kotak Focused Equity Fund | Open Ended | Focused Fund | 25-Jun-19 | 09-Jul-19 |
| Mahindra Hybrid Equity Nivesh Yojana | Open Ended | Aggressive Hybrid Fund | 28-Jun-19 | 12-Jul-19 |
| Reliance Fixed Horizon Fund - XLI - Series 12 | Close Ended | Income | 25-Jun-19 | 09-Jul-19 |