| Edelweiss Mutual Fund | |
| Scheme Name | Edelweiss US Technology Equity Fund of Fund |
| Objective of Scheme | The primary investment objective of the scheme is to seek to provide long term capital growth by investing predominantly in JPMorgan Funds – US Technology Funds, an equity fund which invests primarily in US technology companies with strong fundamentals. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns. |
| Scheme Type | Open Ended |
| Scheme Category | Other Scheme – FoF Overseas |
| New Fund Launch Date | 14-Feb-2020 |
| New Fund Offer Closure Date | 28-Feb-2020 |
| Minimum Subscription Amount | Rs. 5,000/- and in multiples of Re. 1/- thereafter |
| For Further Details Please Visit Website | www.edelweissmf.com |
| Sundaram Mutual Fund | |
| Scheme Name | Sundaram Balanced Advantage Fund |
| Objective of Scheme | The investment objective of the Scheme is to provide accrual income and capital apprection by investing in a mix of equity, debt, REITs/InvITs and equity derivatives that are managed dynamically. |
| Scheme Type | Open Ended |
| Scheme Category | Hybrid Scheme – Dynamic Asset Allocation or Balanced Advantage |
| New Fund Launch Date | 14-Feb-2020 |
| New Fund Offer Closure Date | 28-Feb-2020 |
| Indicate Load Separately | Entry Load Nil Exit* If units purchased or switched in from another scheme of the Fund are redeemed or switched• for up to 10% of such units – exit load: Nil. • for more than 10% of such units – exit load: 1% of applicable Net asset Value (NaV) If units purchased or switched in from another scheme of the Fund are redeemed or switched out after 1 Year from the date of allotment – NIL. |
| Minimum Subscription Amount | Rs.100/- |
| For Further Details Please Visit Website | www.sundarammutual.com |
| Tata Mutual Fund | |
| Scheme Name | Tata Multi Asset Opportunities Fund |
| Objective of Scheme | The investment objective of the scheme is to generate long term capital appreciation. 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 | Hybrid Scheme – Multi Asset Allocation |
| New Fund Launch Date | 14-Feb-2020 |
| New Fund Offer Closure Date | 28-Feb-2020 |
| Indicate Load Separately | Entry Load (During NFO): N.A. Exit Load: 1% of the applicable NAV, if redeemed/switched out on or before expiry of 365 days from the date of allotment. |
| Minimum Subscription Amount | Rs. 5000/- and in multiple of Re.1/- thereafter. |
| For Further Details Please Visit Website | www.tatamutualfund.com |
Source from: www.amfiindia.com
Mutual Funds Based on Asset Class
Fund of Funds: These funds are invest in other mutual funds and returns depend on the performance of the target fund. These funds can also be referred to as multi manager funds. These investments can be considered relatively safe because the funds that investors invest in actually hold other funds under them, thereby adjusting for risk from any one fund.
Balanced or Hybrid Funds: These are funds that invest in a mix of asset classes. In some cases, the proportion of equity is higher than debt while in others it is the other way round. Risk and returns are balanced out this way. An example of a hybrid fund would be Franklin India Balanced Fund-DP (G) because in this fund, 65% to 80% of the investment is made in equities and the remaining 20% to 35% is invested in the debt market. This is so because the debt markets offer a lower risk than the equity market.
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.
