Mutual Fund Update: NFO (New Fund Offer)
Many investors wait for the NFO (New Fund Offer) to invest in them just for the fact that these are cheap or are closed ended mutual funds. Following are the list of New Fund Offers which are open for subscription. There are total eight NFOs among which four are closed ended mutual funds specifically FMPs (Fixed Maturity Plans) and rest of the four mutual funds are equity mutual funds from different categories.
| Fund name | Min. Investment | Launch Date | Close Date | Tenure | Maturity Date |
| Aditya Birla Sun Life Fixed Term Plan - Series RI -1100 Days - Regular Plan - Dividend | 1,000.00 | 15-10-2018 | 29-10-2018 | - | |
| Aditya Birla Sun Life Fixed Term Plan - Series RI -1100 Days - Regular Plan - Growth | 1,000.00 | 15-10-2018 | 29-10-2018 | 1100.0 Days | 02-11-2021 |
| Baroda Dynamic Equity Fund-Reg(D) | 5,000.00 | 22-10-2018 | 02-11-2018 | - | |
| Baroda Pioneer Dynamic Equity Fund - Growth | 5,000.00 | 22-10-2018 | 02-11-2018 | - | |
| Franklin India Fixed Maturity Plan - Series 5 - Plan A - Growth | 5,000.00 | 22-10-2018 | 29-10-2018 | 1273.0 Days | 25-04-2022 |
| Franklin India FMP-5-A-1273D(D) | 5,000.00 | 22-10-2018 | 29-10-2018 | 1273.0 Days | 24-04-2022 |
| Franklin India FMP-5-A-1273D(QD) | 5,000.00 | 22-10-2018 | 29-10-2018 | 1273.0 Days | 24-04-2022 |
| L&T Focused Equity Fund - Regular Plan - Divident | 5,000.00 | 15-10-2018 | 29-10-2018 | - | |
| L&T Focused Equity Fund - Regular Plan - Growth | 5,000.00 | 15-10-2018 | 29-10-2018 | - | |
| Mahindra Rural Bharat and Consumption Yojana - Regular Plan - Dividend | 1,000.00 | 19-10-2018 | 02-11-2018 | - | |
| Mahindra Rural Bharat and Consumption Yojana - Regular Plan - Growth | 1,000.00 | 19-10-2018 | 02-11-2018 | - | |
| Tata Fixed Maturity Plan - Series 56 - Scheme E - 1099 Days - Dividend | 5,000.00 | 19-10-2018 | 02-11-2018 | 1099.0 Days | 05-11-2021 |
| Tata Fixed Maturity Plan - Series 56 - Scheme E - 1099 Days - Growth | 5,000.00 | 19-10-2018 | 02-11-2018 | 1099.0 Days | 09-11-2021 |
| Tata Small Cap Fund - Regular Plan - Dividend | 5,000.00 | 19-10-2018 | 02-11-2018 | - | |
| Tata Small Cap Fund - Regular Plan - Growth | 5,000.00 | 19-10-2018 | 02-11-2018 | - | |