Mutual Fund Update: New Fund Offer (NFO)

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Mutual Fund Update: New Fund Offer (NFO)

New Fund Offers (NFOs) that are open for subscription.

If we look at the funds that are open for subscription this week, then, there are 33 per cent of the funds from close ended type and 67 per cent from open ended type. This time around, overall, there are 3 funds one among which is going to be open till October 2019. Among the 3 funds which are open for subscription, one is from income category close ended fund, and from open ended type, there are 2 funds one from equity scheme ELSS category and other from debt scheme - banking and PSU fund.


Scheme Name

Type

Category

Open Date

Close Date

ITI Long Term Equity Fund

Open Ended

ELSS

15-Jul-19

14-Oct-19

SBI Capital Protection Oriented Fund - Series A (Plan 6)

Close Ended

Income

12-Sep-19

26-Sep-19

Tata Banking & PSU Debt Fund

Open Ended

Banking and PSU Fund

19-Sep-19

03-Oct-19