| Baroda Mutual Fund | |
| Scheme Name | Baroda Overnight Fund |
| Objective of Scheme | The primary objective of the Scheme is to generate returns, commensurate with low risk and providing high level of liquidity, through investments made primarily in overnight securities having maturity of one business day. There is no assurance that the investment objective of the Scheme will be realized. |
| Scheme Type | Open Ended |
| Scheme Category | Debt Scheme – Overnight Fund |
| New Fund Launch Date | 23-Apr-2019 |
| New Fund Offer Closure Date | 24-Apr-2019 |
| Minimum Subscription Amount | Rs. 5,000/- |
| For Further Details Please Visit Website | www.barodamf.com |
| Mirae Asset Mutual Fund | |
| Scheme Name | Mirae Asset Focused Fund |
| Objective of Scheme | To generate long term capital appreciation/income by investing in equity & equity related instruments of up to 30 companies. There is no assurance that the investment objective of the Scheme will be realized. |
| Scheme Type | Open Ended |
| Scheme Category | Equity Scheme – Multi Cap Fund |
| New Fund Launch Date | 23-Apr-2019 |
| New Fund Offer Closure Date | 07-May-2019 |
| Indicate Load Separately | a) Entry Load: Not Applicable b) Exit Load: • If redeemed within 1 year (365 days) from the date of allotment: 1% • If redeemed after 1 year (365 days) from the date of allotment: NIL |
| Minimum Subscription Amount | Investors can invest under the Scheme with a minim |
| For Further Details Please Visit Website | www.miraeassetmf.co.in |
| SBI Mutual Fund | |
| Scheme Name | SBI Fixed Maturity Plan (FMP) – Series 4 (365 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 | 23-Apr-2019 |
| New Fund Earliest Closure Date | 30-Apr-2019 |
| New Fund Offer Closure Date | 30-Apr-2019 |
| Minimum Subscription Amount | Rs. 5,000/- and in multiples of Re. 1/- thereafter |
| For Further Details Please Visit Website | www.sbimf.com |
| Principal Mutual Fund | |
| Scheme Name | Principal Small Cap Fund |
| Objective of Scheme | To generate long term capital appreciation by predominantly investing in equity and equity related instruments of small cap companies. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. |
| Scheme Type | Open Ended |
| Scheme Category | Equity Scheme – Small Cap Fund |
| New Fund Launch Date | 22-Apr-2019 |
| New Fund Offer Closure Date | 06-May-2019 |
| Indicate Load Separately | Entry Load: NIL Exit Load: • If redeemed/ switched on or before 1 year from the date of allotment: • Nil for redemption/ switch out of units up to 25% of the units allotted (the limit). • 1% on redemption in excess of 25% of the limit stated above- Redemption of units would be done on First in First out Basis (FIFO). • Nil thereafter |
| Minimum Subscription Amount | Rs. 5,000/- |
| For Further Details Please Visit Website | www.principalindia.com |
| UTI Mutual Fund | |
| Scheme Name | UTI – Fixed Term Income Fund Series XXXI-XIII (1127 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 | 22-Apr-2019 |
| New Fund Offer Closure Date | 06-May-2019 |
| Indicate Load Separately | Entry Load- Nil, Exit Load – Nil |
| Minimum Subscription Amount | Rs. 5,000/- and in multiple of Rs. 10/- |
| 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.
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.
