Mutual Fund Update: New Fund Offer (NFO)
If we look at the funds which are open for subscription then there are 50 per cent of the funds of close ended type and 50 per cent is from open ended type. This time around there are overall there are only 2 funds one among which is going to be open till October 2019. Among 2 funds which are open for subscription one is income category close ended fund and from open ended type there is only one fund from ELSS category.
| Scheme Name | Type | Category | Open Date | Close Date |
| ITI Long Term Equity Fund | Open Ended | ELSS | 15-Jul-19 | 14-Oct-19 |
| Reliance Fixed Horizon Fund - XLI - Series 13 | Close Ended | Income | 07-Aug-19 | 21-Aug-19 |