Mutual Fund Update: New Fund Offer (NFO)
Close ended mutual funds still ahead with its launch numbers. However, this time open ended have also got launched quite a bit. Among 12 MFs that came up with its NFO (New Fund Offer), 8 or 70 per cent were close ended funds from income category. The rest 4 or 30 per cent funds were open ended funds with 3 different categories viz. Small Cap Fund, Children’s Fund and Arbitrage Fund.
Scheme Name | Type | Category | Open Date | Close Date |
| Aditya Birla Sun Life Bal Bhavishya Yojna Savings Plan | Open Ended | Children’s Fund | 22-Jan-19 | 05-Feb-19 |
| Aditya Birla Sun Life Bal Bhavishya Yojna -Wealth Plan | Open Ended | Children’s Fund | 22-Jan-19 | 05-Feb-19 |
| Aditya Birla Sun Life Dual Advantage Fund - Series 2 | Close Ended | Income | 17-Jan-19 | 31-Jan-19 |
| Aditya Birla Sun Life Fixed Term Plan - Series SC (1170 days) | Close Ended | Income | 31-Jan-19 | 04-Feb-19 |
| Aditya Birla Sun Life Fixed Term Plan - Series SD (1168 days) | Close Ended | Income | 31-Jan-19 | 06-Feb-19 |
| Canara Robeco Small Cap Fund | Open Ended | Small Cap Fund | 25-Jan-19 | 08-Feb-19 |
| ICICI Prudential Fixed Maturity Plan - Series 85 - 1175 Days Plan D | Close Ended | Income | 30-Jan-19 | 05-Feb-19 |
| ICICI Prudential Fixed Maturity Plan - Series 85 - 1185 Days Plan C | Close Ended | Income | 30-Jan-19 | 13-Feb-19 |
| Reliance Fixed Horizon Fund - XXXX - Series 15 | Close Ended | Income | 30-Jan-19 | 04-Feb-19 |
| SBI Debt Fund Series C - 41(1178 Days) | Close Ended | Income | 30-Jan-19 | 04-Feb-19 |
| Union Arbitrage Fund | Open Ended | Arbitrage Fund | 30-Jan-19 | 13-Feb-19 |
| UTI - Fixed Term Income Fund Series XXXI-IV (1204 Days) | Close Ended | Income | 21-Jan-19 | 04-Feb-19 |