Mutual Fund Update: New Fund Offer (NFO)

Henil Shah
/ Categories: Mutual Fund, MF Unlocked
Mutual Fund Update: New Fund Offer (NFO)

If we look at the funds which are open for subscription this week, there are 25 per cent funds form closed ended type and 75 per cent are from open ended type. There are overall 4 funds, one being from income category close ended fund and remaining being form open ended type. From open ended funds, one is from equity scheme – sectoral/thematic category. One from debt scheme – ultra short duration category and one from equity scheme – arbitrage fund category.


Scheme Name

Type

Category

Open Date

Close Date

Axis ESG Equity Fund

Open Ended

Sectoral/ Thematic

22-Jan-20

05-Feb-20

HSBC Ultra Short Duration Fund

Open Ended

Ultra-Short Duration Fund

14-Jan-20

28-Jan-20

ICICI Prudential Fixed Maturity Plan - Series 87 - 1174 Days Plan B

Close Ended

Income

15-Jan-20

29-Jan-20

Sundaram Arbitrage Fund

Open Ended

Arbitrage Fund

16-Jan-20

30-Jan-20

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