| Invesco Mutual Fund | |
| Scheme Name | Invesco India Focused 20 Equity Fund |
| Objective of Scheme | To generate capital appreciation by investing in upto 20 stocks across market capitalization. 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 | Equity Scheme – Focused Fund |
| New Fund Launch Date | 09-Sep-2020 |
| New Fund Offer Closure Date | 23-Sep-2020 |
| Indicate Load Separately | During NFO – For each purchase of units through Lumpsum / switch-in / Systematic Investment Plan (SIP) and Systematic Transfer Plan (STP), exit load will be as follows: ? if units are redeemed/switched out within 1 year from the date of allotment: • if upto 10% of units allotted are redeemed/switched out – Nil • any redemption / switch-out of units in excess of 10% of units allotted – 1%. ? if units are redeemed/switched out after 1 year from the date of allotment, no exit load is payable. |
| Minimum Subscription Amount | Rs. 1,000/- per application and in multiples of Re |
| For Further Details Please Visit Website | www.invescomutualfund.com |
| SBI Mutual Fund | |
| Scheme Name | SBI Magnum Children’s Benefit Fund – Investment Plan |
| Objective of Scheme | The investment objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies across sectors and market capitalization. The scheme will also invest in debt and money market instruments with an endeavor to generate income. |
| Scheme Type | Open Ended |
| Scheme Category | Solution Oriented Scheme – Children’s Fund |
| New Fund Launch Date | 08-Sep-2020 |
| New Fund Earliest Closure Date | 08-Sep-2020 |
| New Fund Offer Closure Date | 22-Sep-2020 |
| Minimum Subscription Amount | Rs. 5000/- and in multiples of Re. 1 thereafter |
| For Further Details Please Visit Website | www.sbimf.com |
| Mirae Asset Mutual Fund | |
| Scheme Name | Mirae Asset Equity Allocator Fund of Fund |
| Objective of Scheme | The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing predominantly in units of domestic equity ETFs. There is no assurance that the investment objective of the Scheme will be realized. |
| Scheme Type | Open Ended |
| Scheme Category | Other Scheme – FoF Domestic |
| New Fund Launch Date | 08-Sep-2020 |
| New Fund Offer Closure Date | 15-Sep-2020 |
| Indicate Load Separately | A) Entry Load: Not Applicable B) Exit Load: Nil |
| Minimum Subscription Amount | Rs.5,000/- and in multiples of Re. 1/- thereafter. |
| For Further Details Please Visit Website | www.miraeassetmf.co.in |
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.
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.
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.
