Mutual Fund Update: New Fund Offer (NFO)
There are a total of 12 NFOs (New Fund Offers) among which 8 are close-ended mutual funds of income category and rest four are open-ended funds. Among which two are equity schemes viz. Sectoral/ Thematic and ELSS (Equity-Linked Saving Scheme), one is Hybrid Scheme viz. Arbitrage Fund and one is Debt Scheme viz. Liquid Fund. The liquid fund is of YES Mutual Funds which started off with introducing their liquid fund.
| Scheme Name | Type | Category | Open Date | Close Date |
| Franklin India Fixed Maturity Plans- Series 5 Plan D (1238 days) | Close Ended | Income | 01-Jan-19 | 08-Jan-19 |
| HDFC FMP 1190D January 2019(1) | Close Ended | Income | 04-Jan-19 | 08-Jan-19 |
| ICICI Prudential Fixed Maturity Plan - Series 84 - 1204 Days Plan Y | Close Ended | Income | 04-Jan-19 | 08-Jan-19 |
| ICICI Prudential India Opportunities Fund | Open Ended | Equity Scheme - Sectoral/ Thematic | 26-Dec-18 | 09-Jan-19 |
| Kotak FMP Series 257-1267 days | Close Ended | Income | 02-Jan-19 | 08-Jan-19 |
| LIC MF Arbitrage Fund | Open Ended | Hybrid Scheme - Arbitrage Fund | 04-Jan-19 | 18-Jan-19 |
| Reliance Fixed Horizon Fund - XXXX - Series 8 | Close Ended | Income | 24-Dec-18 | 07-Jan-19 |
| SBI DEBT FUND SERIES C - 35 (1235 DAYS) | Close Ended | Income | 27-Dec-18 | 07-Jan-19 |
| SBI Debt Fund Series C - 37 (365 Days) | Close Ended | Income | 04-Jan-19 | 14-Jan-19 |
| Shriram Long Term Equity Fund | Open Ended | Equity Scheme - ELSS | 17-Dec-18 | 18-Jan-19 |
| UTI - Fixed Term Income Fund Series XXXI-II (1222 Days) | Close Ended | Income | 03-Jan-19 | 17-Jan-19 |
| YES Liquid Fund | Open Ended | Debt Scheme - Liquid Fund | 02-Jan-19 | 16-Jan-19 |