| Aditya Birla Sun Life Mutual Fund | |
| Scheme Name | Aditya Birla Sun Life Fixed Term Plan – Series SM (1135 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 | 27-Mar-2019 |
| New Fund Offer Closure Date | 27-Mar-2019 |
| 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 Bharat Consumption Fund |
| Objective of Scheme | To generate long-term capital appreciation by investing primarily in Equity and Equity related securities of companies engaged in consumption and consumption related activities or allied sectors. |
| Scheme Type | Open Ended |
| Scheme Category | Equity Scheme – Sectoral / Thematic |
| New Fund Launch Date | 26-Mar-2019 |
| New Fund Offer Closure Date | 09-Apr-2019 |
| Indicate Load Separately | ENTRY LOAD : Not Applicable. EXIT LOAD: 1 % of applicable Net Asset Value – If the amount sought to be redeemed or switch out is invested for a period of up to twelve months from the date of allotment NIL – If the amount sought to be redeemed or switch out is invested for a period of more than twelve months from the date of allotment |
| Minimum Subscription Amount | Rs. 5,000/- (plus in multiple of Re. 1) |
| For Further Details Please Visit Website | www.icicipruamc.com |
| Kotak Mahindra Mutual Fund | |
| Scheme Name | Kotak FMP Series 268-1174 days |
| Objective of Scheme | The investment objective of the Scheme is to generate returns through investments in debt and money market instruments with a view to reduce the interest rate risk. The Scheme will invest in debt and money market securities, maturing on or before maturity of the scheme. There is no assurance that the investment objective of the Scheme will be achieved. |
| Scheme Type | Close Ended |
| Scheme Category | Debt – Income |
| New Fund Launch Date | 26-Mar-2019 |
| New Fund Offer Closure Date | 27-Mar-2019 |
| Minimum Subscription Amount | Rs. 5,000/- |
| For Further Details Please Visit Website | assetmanagement.kotak.com |
| Reliance Mutual Fund | |
| Scheme Name | Reliance Fixed Horizon Fund – XLI – Series 5 |
| Objective of Scheme | The primary investment objective of the scheme is to seek to generate returns and growth of capital by investing in a diversified portfolio of the following securities maturing on or before the date of maturity of the scheme with the objective of limiting interest rate volatility – • Central and State Government securities and • Other fixed income/ debt securities However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved. |
| Scheme Type | Close Ended |
| Scheme Category | Debt – Income |
| New Fund Launch Date | 26-Mar-2019 |
| New Fund Offer Closure Date | 26-Mar-2019 |
| Indicate Load Separately | Entry & Exit load – Nil |
| Minimum Subscription Amount | Rs. 5,000/- and in multiples of Re. 1/- thereafter |
| For Further Details Please Visit Website | www.reliancemutual.com |
| SBI Mutual Fund | |
| Scheme Name | SBI Fixed Maturity Plan (FMP) – Series 1 (3668 Days) |
| Objective of Scheme | The scheme endeavours to provide regular income and capital growth with limited interest rate risk to the investors through investments in a portfolio comprising of debt instruments such as Government Securities, PSU & Corporate Bonds and Money Market Instruments maturing on or before the maturity of the scheme. There is no assurance or guarantee that the scheme’s objective will be achieved. |
| Scheme Type | Close Ended |
| Scheme Category | Debt – Income |
| New Fund Launch Date | 26-Mar-2019 |
| New Fund Earliest Closure Date | 27-Mar-2019 |
| New Fund Offer Closure Date | 27-Mar-2019 |
| Minimum Subscription Amount | Rs. 5,000/- and in multiples of Re. 1/- thereafter |
| For Further Details Please Visit Website | www.sbimf.com |
| Union Mutual Fund | |
| Scheme Name | Union Overnight Fund |
| Objective of Scheme | The investment objective of the Scheme is to generate returns by investing in Debt and Money Market Instruments with overnight maturity. However, there is no assurance that the Investment Objective of the scheme will be achieved. |
| Scheme Type | Open Ended |
| Scheme Category | Debt Scheme – Overnight Fund |
| New Fund Launch Date | 26-Mar-2019 |
| New Fund Offer Closure Date | 26-Mar-2019 |
| Indicate Load Separately | Entry Load:NIL; Exit Load:NIL |
| Minimum Subscription Amount | Rs. 5,000/- and in multiples of Rs.1/- thereafter. |
| For Further Details Please Visit Website | www.unionmf.com |
| Kotak Mahindra Mutual Fund | |
| Scheme Name | Koptak FMP SEries 267-1182 days |
| Objective of Scheme | The investment objective of the Scheme is to generate returns through investments in debt and money market instruments with a view to reduce the interest rate risk. The Scheme will invest in debt and money market securities, maturing on or before maturity of the scheme. There is no assurance that the investment objective of the Scheme will be achieved. |
| Scheme Type | Close Ended |
| Scheme Category | Debt – Income |
| New Fund Launch Date | 25-Mar-2019 |
| New Fund Offer Closure Date | 27-Mar-2019 |
| Minimum Subscription Amount | Rs.5,000/- |
| For Further Details Please Visit Website | assetmanagement.kotak.com |
| SBI Mutual Fund | |
| Scheme Name | SBI Debt Fund Series C – 50 (1177 Days) |
| Objective of Scheme | The scheme endeavours to provide regular income and capital growth with limited interest rate risk to the investors through investments in a portfolio comprising of debt instruments such as Government Securities, PSU & Corporate Bonds and Money Market Instruments maturing on or before the maturity of the scheme.There is no assurance or guarantee that the scheme’s objective will be achieved. |
| Scheme Type | Close Ended |
| Scheme Category | Debt – Income |
| New Fund Launch Date | 25-Mar-2019 |
| New Fund Earliest Closure Date | 27-Mar-2019 |
| New Fund Offer Closure Date | 27-Mar-2019 |
| Minimum Subscription Amount | Rs. 5,000/- and in multiples of Re. 1/- thereafter |
| Tata Mutual Fund | |
| Scheme Name | Tata Overnight Fund |
| Objective of Scheme | The objective of the scheme is to seek to generate returns commensurate with low risk and providing high level of liquidity, through investments made primarily in overnight securities having maturity of 1 business day. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The scheme does not assure or guarantee any returns. |
| Scheme Type | Open Ended |
| Scheme Category | Debt Scheme – Overnight Fund |
| New Fund Launch Date | 25-Mar-2019 |
| New Fund Offer Closure Date | 25-Mar-2019 |
| Indicate Load Separately | Entry Load: N.A. Exit Load: NIL |
| Minimum Subscription Amount | Rs 5,000/- and in multiple of Re.1/- thereafter |
| For Further Details Please Visit Website | www.tatamutualfund.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.
