Mutual Fund Update: New Fund Offer (NFO)
New Fund Offers (NFOs) that are open for subscription.
✨ AI Powered Summary
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 |