Mutual Fund Update: New Fund Offer (NFO)
If we look at the funds which are open for subscription, we find that 50 per cent of the funds are of close-ended type and 50 per cent are from open-ended type. There are overall 6 funds which are open for subscription and among them, three are income category close-ended funds and from open-ended type, two funds are from equity scheme - sectoral/thematic category and one fund is from debt scheme - ultra short duration fund category.
| Scheme Name | Type | Category | Open Date | Close Date |
| DSP Quant Fund | Open Ended | Sectoral/ Thematic | 20-May-19 | 03-Jun-19 |
| ICICI Prudential Fixed Maturity Plan - Series 86 - 1120 Days Plan F | Close Ended | Income | 27-May-19 | 05-Jun-19 |
| ICICI Prudential MNC Fund | Open Ended | Sectoral/ Thematic | 28-May-19 | 11-Jun-19 |
| SBI Fixed Maturity Plan (FMP) - Series 8 (1178 Days) | Close Ended | Income | 28-May-19 | 03-Jun-19 |
| UTI - Fixed Term Income Fund Series XXXI-XV (1099 Days) | Close Ended | Income | 20-May-19 | 03-Jun-19 |
| YES Ultra Short Term Fund | Open Ended | Ultra-Short Duration Fund | 24-May-19 | 06-Jun-19 |