| SBI Mutual Fund | |
| Scheme Name | SBI Fixed Maturity Plan (FMP) – Series 10 (1178 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-Jun-2019 |
| New Fund Earliest Closure Date | 01-Jul-2019 |
| New Fund Offer Closure Date | 01-Jul-2019 |
| Minimum Subscription Amount | Rs. 5,000/- and in multiples of Re. 1/- thereafter |
| For Further Details Please Visit Website | www.sbimf.com |
| Kotak Mahindra Mutual Fund | |
| Scheme Name | Kotak Focused Equity Fund |
| Objective of Scheme | The investment objective of the scheme is to generate long term capital appreciation/income by investing in equity & equity related instruments across market capitalization of up to 30 companies. However, there is no assurance that the objective of the scheme will be realized. |
| Scheme Type | Open Ended |
| Scheme Category | Equity Scheme – Focussed Fund |
| New Fund Launch Date | 25-Jun-2019 |
| New Fund Offer Closure Date | 09-Jul-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 12 |
| 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 | 25-Jun-2019 |
| New Fund Offer Closure Date | 09-Jul-19 |
| Indicate Load Seperately | Entry & Exit load – Nil |
| Minimum Subscription Amount | Rs. 5000 and in multiples of Re 1 thereafter |
| For Further Details Please Visit Website | www.reliancemutual.com |
| Kotak Mahindra Mutual Fund | |
| Scheme Name | Kotak FMP Series 272-1263 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 | 24-Jun-2019 |
| New Fund Offer Closure Date | 26-Jun-2019 |
| Minimum Subscription Amount | Rs.5,000/- |
| For Further Details Please Visit Website | assetmanagement.kotak.com |
| Quantum Mutual Fund | |
| Scheme Name | Quantum India ESG Equity Fund |
| Objective of Scheme | The Investment Objective of the scheme is to achieve long-term capital appreciation by investing in share of companies that meet Quantum’s Environment, Social and Governance (ESG) criteria. |
| Scheme Type | Open Ended |
| Scheme Category | Equity Scheme – Sectoral/ Thematic |
| New Fund Launch Date | 21-Jun-19 |
| New Fund Offer Closure Date | 05-Jul-19 |
| Indicate Load Separately | Entry Load: Not Applicable Exit Load: 10% of Units of redeemed or switched out on or before 365 days from the date of allotment : NIL; Remaining 90% of Units if redeemed or switched out on or before 365 days from the date of allotment : 1%; and If redeemed or switched out on or after 365 days from the date of allotment: NIL |
| Minimum Subscription Amount | Rs.500/- and in Multiples of Rs.1/- thereafter |
| For Further Details Please Visit Website | www.QuantumAMC.com |
| Aditya Birla Sun Life Mutual Fund | |
| Scheme Name | Aditya Birla Sun Life Pharma and Healthcare Fund |
| Objective of Scheme | The scheme provides long term capital appreciation by investing in equity/equity related instruments of the companies in the Pharmaceuticals, Healthcare and Allied sectors in India. |
| Scheme Type | Open Ended |
| Scheme Category | Equity Scheme – Sectoral / Thematic |
| New Fund Launch Date | 20-Jun-2019 |
| New Fund Offer Closure Date | 04-Jul-2019 |
| Minimum Subscription Amount | Rs.1,000/- |
| For Further Details Please Visit Website | https://mutualfund.adityabirlacapital.com |
| Indiabulls Mutual Fund | |
| Scheme Name | Indiabulls Overnight Fund |
| Objective of Scheme | The Scheme aims to provide reasonable returns commensurate with low risk and providing a high level of liquidity, through investments made primarily in overnight securities having maturity of 1 business day. 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 – Overnight Fund |
| New Fund Launch Date | 20-Jun-2019 |
| New Fund Offer Closure Date | 04-Jul-2019 |
| Indicate Load Separately | Entry Load-NA Exit Load- Nil |
| Minimum Subscription Amount | Rs.500/- and in multiples of Re.1/- thereafter |
| For Further Details Please Visit Website | www.indiabullsamc.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.
Equity Fund or Stock Fund: is a fund that invests in stocks, also called equity securities.Stock funds can be contrasted with bond funds and money funds. Fund assets are typically mainly in stock, with some amount of cash, which is generally quite small, as opposed to bonds, notes, or other securities. This may be a mutual fund or exchange-traded fund. The objective of an equity fund is long-term growth through capital gains, although historically dividends have also been an important source of total return. Specific equity funds may focus on a certain sector of the market or may be geared toward a certain level of risk.
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 investing 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.
