Mutual Fund Update: New Fund Offer (NFO)
If we look at the funds which are open for subscription this week, there are 17 per cent funds form closed ended type and 83 per cent are from open ended type. There are overall 10 funds, one being from income category close ended fund and remaining being form open ended type. From open ended funds, two of them are from other scheme – other ETFs category. One from other scheme – FoF domestic category, one from debt scheme – Ultra Short Duration category and one from hybrid scheme – arbitrage fund category.
| Scheme Name | Type | Category | Open Date | Close Date |
| Axis All Seasons Debt Fund of Funds | Open Ended | FoF Domestic | 10-Jan-20 | 22-Jan-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 |
| ICICI Prudential Midcap 150 ETF | Open Ended | Other ETFs | 15-Jan-20 | 20-Jan-20 |
| Mirae Asset Nifty Next 50 ETF (MANXT50ETF) | Open Ended | Other ETFs | 13-Jan-20 | 21-Jan-20 |