Mutual Fund Update: New Fund Offer (NFO)
DSIJ IntelligenceCategories: MF Unlocked, Mutual Fund
New Fund Offers (NFOs) that are open for subscription.
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 |