Mutual Fund Update: New Fund Offer (NFO)
If we look at the funds which are open for subscription, 83 per cent are close-ended funds and the remaining 17 per cent are open-ended type. There are overall 6 funds which are open for subscription and among them, 5 are income category close-ended funds and one is open-ended debt scheme - floater fund category.
| Scheme Name | Type | Category | Open Date | Close Date |
| Aditya Birla Sun Life Fixed Term Plan - Series SO (1099 days) | Close Ended | Income | 09-May-19 | 20-May-19 |
| KOTAK FLOATING RATE FUND | Open Ended | Floater Fund | 09-May-19 | 13-May-19 |
| SBI Capital Protection Oriented Fund - Series A (Plan 3) | Close Ended | Income | 02-May-19 | 16-May-19 |
| SBI Fixed Maturity Plan (FMP) - Series 5 (92 Days) | Close Ended | Income | 08-May-19 | 13-May-19 |
| SBI Fixed Maturity Plan (FMP) - Series 6 (3668 Days) | Close Ended | Income | 09-May-19 | 15-May-19 |
| UTI - Fixed Term Income Fund Series XXXI-XIV (1111 Days) | Close Ended | Income | 08-May-19 | 22-May-19 |