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 33 per cent of the funds are close-ended type and 67 per cent are open-ended type. This time around there are overall only three funds which are open for subscription and among that one is of income category close-ended fund and two funds are from open-ended type, of which one is from other ETFs category and one from ELSS category.
| Scheme Name | Type | Category | Open Date | Close Date |
| ICICI Prudential Private Banks ETF | Open Ended | Other ETFs | 01-Aug-19 | 06-Aug-19 |
| ITI Long Term Equity Fund | Open Ended | ELSS | 15-Jul-19 | 14-Oct-19 |
| SBI Fixed Maturity Plan (FMP) Series 15 (1123 Days) | Close Ended | Income | 30-Jul-19 | 05-Aug-19 |