| HDFC Mutual Fund | |
| Scheme Name | HDFC FMP 1115D September 2018 (1) |
| Objective of Scheme | The objective of the Plan(s) under the Scheme is to generate income through investments in Debt / Money Market Instruments and Government Securities maturing on or before the maturity date of the respective Plan(s). There is no assurance that the investment objective of the Scheme will be realized. |
| Scheme Type | Close Ended |
| Scheme Category | Debt – Income |
| New Fund Launch Date | 05-Sep-2018 |
| New Fund Earliest Closure Date | 11-Sep-2018 |
| New Fund Offer Closure Date | 11-Sep-2018 |
| Indicate Load Separately | NA |
| Minimum Subscription Amount | Rs.5,000/- |
| For Further Details Please Visit Website | www.hdfcfund.com |
| ICICI Prudential Mutual Fund | |
| Scheme Name | ICICI Prudential Fixed Maturity Plan – Series 84 – 97 Days Plan B |
| Objective of Scheme | The investment objective of the Scheme is to seek to generate income by investing in a portfolio of fixed income securities/debt instruments maturing on or before the maturity of the Scheme. |
| Scheme Type | Close Ended |
| Scheme Category | Debt – Income |
| New Fund Launch Date | 05-Sep-2018 |
| New Fund Offer Closure Date | 05-Sep-2018 |
| Indicate Load Separately | Entry Load: Not Applicable. Exit Load: Since the Scheme will be listed on the stock exchange, exit load will not be applicable. |
| Minimum Subscription Amount | Rs.5,000/- |
| For Further Details Please Visit Website | www.icicipruamc.com |
| L&T Mutual Fund | |
| Scheme Name | L&T FMP Series XVII – Plan C |
| Objective of Scheme | To achieve growth of capital through investments made in a basket of debt/fixed income securities (including money market instruments) maturing on or before the maturity of the Scheme. |
| Scheme Type | Close Ended |
| Scheme Category | Debt – Income |
| New Fund Launch Date | 05-Sep-2018 |
| New Fund Offer Closure Date | 10-Sep-2018 |
| Indicate Load Separately | Entry Load: Not Applicable Exit Load: Not Applicable |
| Minimum Subscription Amount | Rs.5,000/- and in multiples of Re.1/- thereafter |
| For Further Details Please Visit Website | www.lntmf.com |
| SBI Mutual Fund | |
| Scheme Name | SBI – ETF SENSEX NEXT 50 |
| Objective of Scheme | The investment objective of the scheme is to provide returns that, closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error. |
| Scheme Type | Open Ended |
| Scheme Category | Other Scheme – Other ETFs |
| New Fund Launch Date | 05-Sep-2018 |
| New Fund Earliest Closure Date | 10-Sep-2018 |
| New Fund Offer Closure Date | 10-Sep-2018 |
| Minimum Subscription Amount | Rs.5,000/- and in multiples of Re.1/- thereafter |
| For Further Details Please Visit Website | www.sbimf.com |
Based on Asset Class:
Equity Funds: These are funds that invest in equity stocks/shares of companies. These are considered high-risk funds but also tend to provide high returns. Equity funds can include specialty funds like infrastructure, fast moving consumer goods and banking to name a few.
Debt Funds: These are funds that invest in debt instruments e.g. company debentures, government bonds and other fixed income assets. They are considered safe investments and provide fixed returns. These funds do not deduct tax at source so if the earning from the investment is more than Rs. 10,000 then the investor is liable to pay the tax on it himself.
Based on Structure:
Open-Ended Funds: These are funds in which units are open for purchase or redemption through the year. All purchases/redemption of these funds units are done at prevailing NAVs. Basically these funds will allow investors to keep invest as long as they want. There are no limits on how much can be invested in the fund. They also tend to be actively managed which means that there is a fund manager who picks the places where investments will be made. These funds also charge a fee which can be higher than passively managed funds because of the active management. They are an ideal investment for those who want investment along with liquidity because they are not bound to any specific maturity periods. Which means that investors can withdraw their funds at any time they want thus giving them the liquidity they need.
Close-Ended Funds: These are funds in which units can be purchased only during the initial offer period. Units can be redeemed at a specified maturity date. To provide for liquidity, these schemes are often listed for trade on a stock exchange. Unlike open ended mutual funds, once the units or stocks are bought, they cannot be sold back to the mutual fund, instead they need to be sold through the stock market at the prevailing price of the shares.
