| Sundaram Mutual Fund | |
| Scheme Name | Sundaram Money Market Fund |
| Objective of Scheme | The investment objective of the scheme is to generate income by investing in a porfolio comprising of Money Market instruments having maturity up to one year. |
| Scheme Type | Open Ended |
| Scheme Category | Debt Scheme – Money Market Fund |
| New Fund Launch Date | 12-Sep-2018 |
| New Fund Offer Closure Date | 26-Sep-2018 |
| Indicate Load Separately | Entry Load – Nil Exit Load – Not Applicable |
| Minimum Subscription Amount | Rs.1000/- |
| For Further Details Please Visit Website | www.sundarammutual.com |
| Tata Mutual Fund | |
| Scheme Name | Tata Fixed Maturity Plan Series 56 Scheme A (1104 Days) |
| Objective of Scheme | The investment objective of the scheme is to generate income and / or capital appreciation by investing in Fixed Income Instruments having maturity in line with the maturity of the scheme. The maturity of all investments shall be equal to or less than the maturity of the scheme. 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 | Close Ended |
| Scheme Category | Debt Scheme – Income |
| New Fund Launch Date | 12-Sep-2018 |
| New Fund Offer Closure Date | 18-Sep-2018 |
| Indicate Load Separately | Entry Load (During NFO): N.A. Exit Load (Upon Maturity):NIL |
| Minimum Subscription Amount | Rs.5,000/- and in multiple of Re.1/- thereafter. |
| For Further Details Please Visit Website | www.tatamutualfund.com |
| UTI Mutual Fund | |
| Scheme Name | UTI – Fixed Term Income Fund Series XXX-IV (1125 Days) |
| Objective of Scheme | The scheme aims to generate returns by investing in a 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 Scheme – Income |
| New Fund Launch Date | 12-Sep-2018 |
| New Fund Offer Closure Date | 26-Sep-2018 |
| Indicate Load Separately | Entry & Exit Load-Nil |
| Minimum Subscription Amount | Rs.5,000/- |
| For Further Details Please Visit Website | www.utimf.com |
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.
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.
