Mutual Fund Update: New Fund Offer (NFO)
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 |