| Mahindra Manulife Mutual Fund | |
| Scheme Name | Mahindra Manulife Flexi Cap Yojana |
| Objective of Scheme | The investment objective of the Scheme is to generate long term capital appreciation by investing in a diversified portfolio of equity and equity-related securities across market capitalization. However, there can be no assurance that the investment objective of the Scheme will be achieved. |
| Scheme Type | Open Ended |
| Scheme Category | Equity Scheme – Flexi Cap Fund |
| New Fund Launch Date | 30-Jul-2021 |
| New Fund Offer Closure Date | 13-Aug-2021 |
| Indicate Load Separately | Entry Load – N.A; Exit Load – An Exit Load of 0.5% is payable if Units are redeemed / switched-out up to 3 months from the date of allotment; – Nil if Units are redeemed / switched-out after 3 months from the date of allotment. |
| Minimum Subscription Amount | Rs.1,000 and in multiples of Re.1/- thereafter |
| For Further Details Please Visit Website | www.mahindramutualfund.com |
| SBI Mutual Fund | |
| Scheme Name | SBI Fixed Maturity Plan (FMP) – Series 48 (1458 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. |
| Scheme Type | Close Ended |
| Scheme Category | Income |
| New Fund Launch Date | 30-Jul-2021 |
| New Fund Earliest Closure Date | 03-Aug-2021 |
| New Fund Offer Closure Date | 03-Aug-2021 |
| Minimum Subscription Amount | Rs.5,000/- and in multiples of Re.1/- thereafter |
| For Further Details Please Visit Website | www.sbimf.com |
Source from: www.amfiindia.com
Mutual Funds Based on Asset Class
Flexi-Cap Fund: This fund invests in all type of stocks i.e., Large-Cap, Mid-Cap, and Small-Cap companies.
Income Fund: This fund comes under debt category. Invests in debt instruments like debentures, corporate bonds, government securities, etc. for a longer duration.
Types of 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 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.
