Mutual Fund Update: New Fund Offer (NFO)
If we look at the funds which are open for subscription this week, then 67 per cent of the funds are form closed ended type and 33 per cent of the funds are from open ended type. There are overall 3 funds, two of them are closed ended funds from income category and one from open ended equity scheme – sectoral/thematic category.
| Scheme Name | Type | Category | Open Date | Close Date |
| Aditya Birla Sun Life Fixed Term Plan - Series SW (1183 days) | Close Ended | Income | 01-Jan-2020 | 06-Jan-2020 |
| SBI Fixed Maturity Plan (FMP) - Series 27 (1203 Days) | Close Ended | Income | 03-Jan-2020 | 08-Jan-2020 |
| Tata Quant Fund | Open Ended | Sectoral/ Thematic | 03-Jan-2020 | 17-Jan-2020 |