Mutual Fund Update: New Fund Offer (NFO)
If we look at the funds which are open for subscription, we find that 67 per cent of the funds are close-ended type and remaining 33 per cent are from open-ended type. There are an overall six funds which are open for subscription and among that four are income category close-ended funds while from open-ended type, one fund is from equity scheme - sectoral/thematic category and the other fund is from debt scheme - ultra-short duration fund category.
| Scheme Name | Type | Category | Open Date | Close Date |
| Aditya Birla Sun Life Fixed Term Plan - Series SP (1099 days) | Close Ended | Income | 23-May-19 | 29-May-19 |
| DSP Quant Fund | Open Ended | Sectoral/ Thematic | 20-May-19 | 03-Jun-19 |
| ICICI Prudential Fixed Maturity Plan - Series 86 - 1106 Days Plan D | Close Ended | Income | 15-May-19 | 29-May-19 |
| Invesco India Fixed Maturity Plan - Series 34 - Plan C | Close Ended | Income | 21-May-19 | 27-May-19 |
| UTI - Fixed Term Income Fund Series XXXI-XV (1111 Days) | Close Ended | Income | 20-May-19 | 03-Jun-19 |
| YES Ultra Short Term Fund | Open Ended | Ultra-Short Duration | 24-May-19 | 06-Jun-19 |