Mutual Fund Update: New Fund Offer (NFO)
New Fund Offers (NFOs) open for subscription in April.
✨ AI Powered Summary
If we look at the funds which are open for subscription then 89 per cent of the funds are close-ended type and the remaining 11 per cent is from open-ended type. There are overall 9 funds which are open for subscription and among that 8 are income category close-ended funds and from open-ended type, there is only one fund from Equity Scheme - Sectoral/ Thematic category. As usual close-ended funds are highest in numbers among the NFO launched.
| Scheme Name | Type | Category | Open Date | Close Date |
| HDFC FMP 1127D April 2019(1) | Close Ended | Income | 03-Apr-19 | 10-Apr-19 |
| ICICI Prudential Bharat Consumption Fund | Open Ended | Equity Scheme - Sectoral/ Thematic | 26-Mar-19 | 09-Apr-19 |
| ICICI Prudential Fixed Maturity Plan - Series 85 - 1109 Days Plan X | Close Ended | Income | 05-Apr-19 | 15-Apr-19 |
| ICICI Prudential Fixed Maturity Plan - Series 85 - 1114 Days Plan V | Close Ended | Income | 01-Apr-19 | 09-Apr-19 |
| ICICI Prudential Fixed Maturity Plan - Series 85 - 1114 Days Plan W | Close Ended | Income | 03-Apr-19 | 10-Apr-19 |
| ICICI Prudential Fixed Maturity Plan - Series 85 - 1115 Days Plan U | Close Ended | Income | 01-Apr-19 | 08-Apr-19 |
| Reliance Fixed Horizon Fund - XLI - Series 6 | Close Ended | Income | 03-Apr-19 | 09-Apr-19 |
| Reliance Fixed Horizon Fund - XLI - Series 7 | Close Ended | Income | 03-Apr-19 | 17-Apr-19 |
| UTI - Fixed Term Income Fund Series XXXI-XII (1148 Days) | Close Ended | Income | 02-Apr-19 | 15-Apr-19 |