| SBI Mutual Fund | |
| Scheme Name | SBI Capital Protection Oriented Fund – Series A (Plan 4) |
| Objective of Scheme | to protect the capital by investing in high quality fixed income securities that are maturing on or before the maturity of the Scheme as the primary objective and generate capital appreciation by investing in equity and equity related instruments as a secondary objective. The Scheme is oriented towards protection of capital and not with guaranteed returns.orientation towards protection of the capital originates from portfolio structure of the scheme and not from bank guarantee insurance cover |
| Scheme Type | Debt – Close Ended |
| Scheme Category | Income |
| New Fund Launch Date | 04-Jun-2019 |
| New Fund Earliest Closure Date | 18-Jun-2019 |
| New Fund Offer Closure Date | 18-Jun-2019 |
| Minimum Subscription Amount | Rs.5,000/- and in multiples of Re.1/- thereafter |
| For Further Details Please Visit Website | www.sbimf.com |
| UTI Mutual Fund | |
| Scheme Name | UTI – Fixed Term Income Fund Series XXXII-1(1126 Days) |
| Objective of Scheme | The scheme aims to generate returns by investing in portfolio of fixed income securities maturing on or before the date of maturity of the scheme. However the scheme does not guarantee / indicate any return. There is no assurance that the funds objective will be achieved |
| Scheme Type | Close Ended |
| Scheme Category | Debt – Income |
| New Fund Launch Date | 04-Jun-2019 |
| New Fund Offer Closure Date | 18-Jun-2019 |
| Minimum Subscription Amount | Rs. 5,000/- |
| For Further Details Please Visit Website | www.utimf.com |
Source from: www.amfiindia.com
Types of Mutual Funds based on asset class
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.
Types of Mutual Funds based on structure
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 is often listed for trading 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.
