Mutual Fund Update: New Fund Offer (NFO)
New Fund Offers (NFOs) that are open for subscription in March.
✨ AI Powered Summary
If we look at the funds which are open for subscription, we find that 77 per cent of the funds are closed-ended type and the remaining 23 per cent are open-ended type. Overall 13 funds are open for subscription and among them 10 are income category close-ended funds and rest are open-ended type in three different categories viz. Solution oriented - retirement, large-cap and others - ETFs (Exchange Traded Funds)
| Scheme Name | Type | Category | Open Date | Close Date |
| Aditya Birla Sun Life Fixed Term Plan - Series SI (1141 days) | Close Ended | Income | 28-Feb-19 | 05-Mar-19 |
| Aditya Birla Sun Life Fixed Term Plan - Series SJ (1135 days) | Close Ended | Income | 01-Mar-19 | 11-Mar-19 |
| Aditya Birla Sun Life Retirement Fund | Open Ended | Solution Oriented - Retirement | 19-Feb-19 | 05-Mar-19 |
| Axis Fixed Term Plan - Series 102 (1133 Days) | Close Ended | Income | 27-Feb-19 | 05-Mar-19 |
| Franklin India Fixed Maturity Plans - Series 6 Plan B (1182 days) | Close Ended | Income | 01-Mar-19 | 05-Mar-19 |
| HDFC FMP 1133D February 2019(1) | Close Ended | Income | 28-Feb-19 | 05-Mar-19 |
| Kotak FMP Series 264-1200 days | Close Ended | Income | 01-Mar-19 | 06-Mar-19 |
| Mahindra Pragati Bluechip Yojana | Open Ended | Large Cap | 22-Feb-19 | 08-Mar-19 |
| Reliance Fixed Horizon Fund - XXXX - Series 19 | Close Ended | Income | 01-Mar-19 | 15-Mar-19 |
| SBI Debt Fund Series C - 46 (1178 Days) | Close Ended | Income | 27-Feb-19 | 05-Mar-19 |
| UTI - Fixed Term Income Fund Series XXXI-VII (1155 Days) | Close Ended | Income | 25-Feb-19 | 11-Mar-19 |
| UTI - Fixed Term Income Fund Series XXXI-VIII (1153 Days) | Close Ended | Income | 01-Mar-19 | 06-Mar-19 |
| UTI - S&P BSE Sensex Next 50 Exchange Traded Fund | Open Ended | ETFs | 26-Feb-19 | 01-Mar-19 |