Mutual Fund Update: New Fund Offer (NFO)
If we look at the funds which are open for subscription this week, 25 per cent funds are of close ended type and 75 per cent from open ended type. There are overall 4 funds, one of them being close ended fund from income category and rest of them being open ended funds. Among the open-ended funds that are open for subscription one all are from solution-oriented scheme – Retirement fund category.
| Scheme Name | Type | Category | Open Date | Close Date |
| Axis Retirement Savings Fund - Aggressive Plan | Open Ended | Retirement Fund | 29-Nov-19 | 13-Dec-19 |
| Axis Retirement Savings Fund - Conservative Plan | Open Ended | Retirement Fund | 29-Nov-19 | 13-Dec-19 |
| Axis Retirement Savings Fund - Dynamic Plan | Open Ended | Retirement Fund | 29-Nov-19 | 13-Dec-19 |
| SBI Fixed Maturity Plan (FMP) - Series 26 (1112 Days) | Close Ended | Income | 27-Nov-19 | 03-Dec-19 |