| Aditya Birla Sun Life Mutual Fund | |
| Scheme Name | Aditya Birla Sun Life Fixed Term Plan – Series RO (1241 days) |
| Objective of Scheme | The scheme seeks to generate income by investing in a portfolio of fixed income securities maturing on or before the duration of the scheme. |
| Scheme Type | Close Ended |
| Scheme Category | Debt – Income |
| New Fund Launch Date | 16-11-2018 |
| New Fund Earliest Closure Date | |
| New Fund Offer Closure Date | 19-11-2018 |
| Indicate Load Separately | “Entry Load: Nil Exit Load: Nil No redemption/repurchase of units shall be allowed prior to the maturity of the scheme. Investors wishing to exit may do so through stock exchange mode.” |
| Minimum Subscription Amount | Rs. 1,000/- and in multiples of Rs.10/- thereafter |
| For Further Details Please Visit Website | https://mutualfund.adityabirlacapital.com |
| Aditya Birla Sun Life Mutual Fund | |
| Scheme Name | Aditya Birla Sun Life Fixed Term Plan – Series RP (1239 days) |
| Objective of Scheme | The scheme seeks to generate income by investing in a portfolio of fixed income securities maturing on or before the duration of the scheme. |
| Scheme Type | Close Ended |
| Scheme Category | Debt – Income |
| New Fund Launch Date | 16-11-2018 |
| New Fund Earliest Closure Date | |
| New Fund Offer Closure Date | 26-11-2018 |
| Indicate Load Separately | “Entry Load: Nil Exit Load: Nil No redemption/repurchase of units shall be allowed prior to the maturity of the scheme. Investors wishing to exit may do so through stock exchange mode.” |
| Minimum Subscription Amount | Rs.1,000/- and in multiples of Rs.10/- thereafter |
| For Further Details Please Visit Website | https://mutualfund.adityabirlacapital.com |
| ICICI Prudential Mutual Fund | |
| Scheme Name | ICICI Prudential Capital Protection Oriented Fund – Series XIV – Plan A 1275 Days |
| Objective of Scheme | The Scheme is a close ended Capital Protection Oriented Scheme. The investment objective of the Scheme is to seek to protect capital by investing a portion of the portfolio in highest rated debt securities & money market instruments and also to provide capital appreciation by investing the balance in equity and equity related securities. The debt securities would mature on or before the maturity of the Scheme. |
| Scheme Type | Close Ended |
| Scheme Category | Debt – Income |
| New Fund Launch Date | 16-11-2018 |
| New Fund Earliest Closure Date | |
| New Fund Offer Closure Date | 29-11-2018 |
| Indicate Load Separately | Entry Load: Not Applicable. Exit Load: Being a listed scheme, no exit load will be applicable. |
| Minimum Subscription Amount | Rs. 5,000/- |
| For Further Details Please Visit Website | www.icicipruamc.com |
| Indiabulls Mutual Fund | |
| Scheme Name | Indiabulls Dynamic Bond Fund |
| Objective of Scheme | To generate reasonable returns commensurate with the risk taken by active duration management of the portfolio. The Scheme would be investing in debt instruments including but not limited to bonds, debentures, government securities and money market instruments over various maturity periods. However, there can be no assurance that the investment objective of the scheme will be achieved. The Scheme(s) does not assure or guarantee any returns. |
| Scheme Type | Open Ended |
| Scheme Category | Debt Scheme – Dynamic Bond |
| New Fund Launch Date | 16-11-2018 |
| New Fund Earliest Closure Date | 30-11-2018 |
| New Fund Offer Closure Date | 30-11-2018 |
| Indicate Load Separately | Entry Load: Not Applicable Exit Load: Redemption/Switch on or before 12 months of subscription: 3% Redemption/Switch on or before 24 months of subscription: 2% Redemption/Switch on or before 36 months of subscription: 1% Post completion of 36 months: Nil |
| Minimum Subscription Amount | Rs.500/- and in multiples of Re.1/- thereafter |
| For Further Details Please Visit Website | www.indiabullsamc.com |
Mutual Funds Based on Asset Class
Debt Fund: 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.
Mutual Funds 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 fund 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.
