Mutual Funds 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 twelve NFOs among which nine are close ended mutual funds among which eight are FMPs (Fixed Maturity Plans) and one is ELSS and rest of the three mutual funds are open ended equity mutual funds from different categories.
| Scheme Name | Type | Asset Class | Open Date | Close Date |
| DSP Healthcare Fund | Open Ended | Equity | 12-Nov-18 | 26-Nov-18 |
| Union Value Discovery Fund | Open Ended | Equity | 14-Nov-18 | 28-Nov-18 |
| Indiabulls Equity Hybrid Fund - Regular | Open Ended | Equity | 22-Nov-18 | 06-Dec-18 |
| Sundaram LT Tax Advantage Fund - Sr.VI | Close Ended | Equity | 25-Sep-18 | 24-Dec-18 |
| UTI-FTI - Series XXX-XI (1246Days)-Reg | Close Ended | Debt | 12-Nov-18 | 26-Nov-18 |
| Aditya Birla SL FTP - Series RP | Close Ended | Debt | 16-Nov-18 | 26-Nov-18 |
| Tata FMP - Sr.56 - Scheme | Close Ended | Debt | 19-Oct-18 | 26-Nov-18 |
| Kotak FMP - Series 252 - 1261Days | Close Ended | Debt | 20-Nov-18 | 26-Nov-18 |
| Franklin India FMP - Sr.5 - Plan B | Close Ended | Debt | 19-Nov-18 | 27-Nov-18 |
| ICICI Pru Capital Protection Orient. XIV-A Reg | Close Ended | Debt | 16-Nov-18 | 29-Nov-18 |
| Aditya Birla SL FTP - Series RQ | Close Ended | Debt | 15-Nov-18 | 29-Nov-18 |
| Indiabulls Dynamic Bond Fund - Regular | Open Ended | Debt | 16-Nov-18 | 30-Nov-18 |