Mutual Fund Update: New Fund Offer (NFO)
If we look at the funds which are open for subscription this week, there are no funds form closed ended type. All the funds are from open ended type. There are overall 10 funds, two of them being from other scheme – index fund category. Two being from other scheme – ETF category and two being from other scheme – FOF domestic category. One from equity scheme - large & midcap category, one from equity scheme - midcap category, one from equity scheme - thematic category and one from hybrid scheme – dynamic asset allocation category.
| Scheme Name | Type | Category | Open Date | Close Date |
| Mahindra Top 250 Nivesh Yojana | Open Ended | Large & Mid Cap Fund | 06-Dec-19 | 20-Dec-19 |
| Motilal Oswal Nifty 50 Index Fund (MOFNIFTY50) | Open Ended | Index Funds | 03-Dec-19 | 17-Dec-19 |
| Motilal Oswal Nifty Next 50 Index Fund (MOFNEXT50) | Open Ended | Index Funds | 03-Dec-19 | 17-Dec-19 |
| Principal Midcap Fund | Open Ended | Mid Cap Fund | 06-Dec-19 | 20-Dec-19 |
| Aditya Birla Sun Life PSU Equity Fund | Open Ended | Sectoral/ Thematic | 09-Dec-19 | 23-Dec-19 |
| Bharat Bond ETF - April 2023 | Open Ended | Other ETFs | 12-Dec-19 | 20-Dec-19 |
| Bharat Bond ETF - April 2030 | Open Ended | Other ETFs | 12-Dec-19 | 20-Dec-19 |
| Bharat Bond FOF - April 2023 | Open Ended | FoF Domestic | 13-Dec-19 | 20-Dec-19 |
| Bharat Bond FOF - April 2030 | Open Ended | FoF Domestic | 13-Dec-19 | 20-Dec-19 |
| ITI Balanced Advantage Fund | Open Ended | Dynamic Asset Allocation | 09-Dec-19 | 23-Dec-19 |