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 currently open for subscription, we find there are 33 per cent of the funds of close-ended type and 67 per cent is from open-ended type. There are overall six funds which are open for subscription and among that two are income category close-ended funds and from open-ended type there are two funds from equity scheme - sectoral/thematic fund category, one fund from debt scheme – overnight fund category and one fund from hybrid scheme – dynamic asset allocation or balanced advantage fund category.
| Scheme Name | Type | Category | Open Date | Close Date |
| Aditya Birla Sun Life Pharma and Healthcare Fund | Open Ended | Sectoral/ Thematic | 20-Jun-19 | 04-Jul-19 |
| Indiabulls Overnight Fund | Open Ended | Overnight Fund | 20-Jun-19 | 04-Jul-19 |
| Quantum India ESG Equity Fund | Open Ended | Sectoral/ Thematic | 21-Jun-19 | 05-Jul-19 |
| SBI Fixed Maturity Plan (FMP) - Series 9 (1178 Days) | Close Ended | Income | 19-Jun-19 | 24-Jun-19 |
| Shriram Balanced Advantage Fund | Open Ended | Dynamic Asset Allocation or Balanced Advantage | 14-Jun-19 | 28-Jun-19 |
| UTI - Fixed Term Income Fund Series XXXII-II(1111 Days) | Close Ended | Income | 19-Jun-19 | 03-Jul-19 |