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 50 per cent of the funds are of close-ended type and 50 per cent are from open-ended type. There are overall 6 funds which are open for subscription and among them, three are income category close-ended funds and from open-ended type, two funds are from equity scheme - sectoral/thematic category and one fund is from debt scheme - ultra short duration fund category.
| Scheme Name | Type | Category | Open Date | Close Date |
| DSP Quant Fund | Open Ended | Sectoral/ Thematic | 20-May-19 | 03-Jun-19 |
| ICICI Prudential Fixed Maturity Plan - Series 86 - 1120 Days Plan F | Close Ended | Income | 27-May-19 | 05-Jun-19 |
| ICICI Prudential MNC Fund | Open Ended | Sectoral/ Thematic | 28-May-19 | 11-Jun-19 |
| SBI Fixed Maturity Plan (FMP) - Series 8 (1178 Days) | Close Ended | Income | 28-May-19 | 03-Jun-19 |
| UTI - Fixed Term Income Fund Series XXXI-XV (1099 Days) | Close Ended | Income | 20-May-19 | 03-Jun-19 |
| YES Ultra Short Term Fund | Open Ended | Ultra-Short Duration Fund | 24-May-19 | 06-Jun-19 |