Mutual Fund Update: New Fund Offer (NFO)

Mutual Fund Update: New Fund Offer (NFO)

New Fund Offers (NFOs) that are open for subscription.

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If we look at the funds which are open for subscription, we find that 67 per cent of the funds are close-ended type and remaining 33 per cent are from open-ended type. There are an overall six funds which are open for subscription and among that four are income category close-ended funds while from open-ended type, one fund is from equity scheme - sectoral/thematic category and the other fund is from debt scheme - ultra-short duration fund category.




Scheme Name

Type

Category

Open Date

Close Date

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

Close Ended

Income

23-May-19

29-May-19

DSP Quant Fund

Open Ended

Sectoral/ Thematic

20-May-19

03-Jun-19

ICICI Prudential Fixed Maturity Plan - Series 86 - 1106 Days Plan D

Close Ended

Income

15-May-19

29-May-19

Invesco India Fixed Maturity Plan - Series 34 - Plan C

Close Ended

Income

21-May-19

27-May-19

UTI - Fixed Term Income Fund Series XXXI-XV (1111 Days)

Close Ended

Income

20-May-19

03-Jun-19

YES Ultra Short Term Fund

Open Ended

Ultra-Short Duration

24-May-19

06-Jun-19