| Aditya Birla Sun Life Mutual Fund | |
| Scheme Name | Aditya Birla Sun Life Fixed Term Plan – Series SC (1170 days) |
| Objective of Scheme | The Scheme seeks to generate income by investing in a portfolio of fixed income securities maturing on or before the duration of the scheme. The Scheme does not guarantee/indicate any returns. There can be no assurance that the schemes’ objectives will be achieved. |
| Scheme Type | Close Ended |
| Scheme Category | Debt – Income |
| New Fund Launch Date | 31-Jan-2019 |
| New Fund Offer Closure Date | 04-Feb-2019 |
| Indicate Load Separately | Entry Load: Nil Exit Load: Nil |
| Minimum Subscription Amount | Minimum of Rs. 1,000/- and in multiples of Rs. 10/ |
| For Further Details Please Visit Website | https://mutualfund.adityabirlacapital.com |
| Aditya Birla Sun Life Mutual Fund | |
| Scheme Name | Aditya Birla Sun Life Fixed Term Plan – Series SD (1168 days) |
| Objective of Scheme | The Scheme seeks to generate income by investing in a portfolio of fixed income securities maturing on or before the duration of the scheme. The Scheme does not guarantee/indicate any returns. There can be no assurance that the schemes’ objectives will be achieved. |
| Scheme Type | Close Ended |
| Scheme Category | Debt – Income |
| New Fund Launch Date | 31-Jan-2019 |
| New Fund Offer Closure Date | 06-Feb-2019 |
| Indicate Load Separately | Entry Load: Nil Exit Load: Nil |
| Minimum Subscription Amount | Minimum of Rs. 1,000/- and in multiples of Rs. 10/ |
| For Further Details Please Visit Website | https://mutualfund.adityabirlacapital.com |
| ICICI Prudential Mutual Fund | |
| Scheme Name | ICICI Prudential Fixed Maturity Plan – Series 85 – 1175 Days Plan D |
| Objective of Scheme | The investment objective of the Scheme is to seek to generate income by investing in a portfolio of fixed income securities/debt instruments maturing on or before the maturity of the Scheme. |
| Scheme Type | Close Ended |
| Scheme Category | Debt – Income |
| New Fund Launch Date | 30-Jan-2019 |
| New Fund Earliest Closure Date | |
| New Fund Offer Closure Date | 05-Feb-2019 |
| Indicate Load Separately | Entry Load: Not Applicable. Exit Load: Since the Scheme will be listed on the stock exchange, exit load will not be applicable. |
| Minimum Subscription Amount | Rs. 5,000/- |
| For Further Details Please Visit Website | www.icicipruamc.com |
| ICICI Prudential Mutual Fund | |
| Scheme Name | ICICI Prudential Fixed Maturity Plan – Series 85 – 1185 Days Plan C |
| Objective of Scheme | The investment objective of the Scheme is to seek to generate income by investing in a portfolio of fixed income securities/debt instruments maturing on or before the maturity of the Scheme. |
| Scheme Type | Close Ended |
| Scheme Category | Debt – Income |
| New Fund Launch Date | 30-Jan-2019 |
| New Fund Offer Closure Date | 13-Feb-2019 |
| Indicate Load Separately | Entry Load: Not Applicable. Exit Load: Since the Scheme will be listed on the stock exchange, exit load will not be applicable. |
| Minimum Subscription Amount | Rs. 5,000/- |
| For Further Details Please Visit Website | www.icicipruamc.com |
| Reliance Mutual Fund | |
| Scheme Name | Reliance Fixed Horizon Fund – XXXX – Series 15 |
| 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 | 30-Jan-2019 |
| New Fund Offer Closure Date | 04-Feb-2019 |
| Indicate Load Separately | Entry & Exit load – Nil |
| Minimum Subscription Amount | Rs. 5,000/- and in multiples of Re. 1/- thereafter |
| For Further Details Please Visit Website | www.reliancemutual.com |
| SBI Mutual Fund | |
| Scheme Name | SBI Debt Fund Series C – 41(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. |
| Scheme Type | Close Ended |
| Scheme Category | Debt – Income |
| New Fund Launch Date | 30-Jan-2019 |
| New Fund Earliest Closure Date | 04-Feb-2019 |
| New Fund Offer Closure Date | 04-Feb-2019 |
| Minimum Subscription Amount | Rs. 5,000/- and in multiples of Re. 1/- thereafter |
| For Further Details Please Visit Website | www.sbimf.com |
| Union Mutual Fund | |
| Scheme Name | Union Arbitrage Fund |
| Objective of Scheme | The investment objective of the scheme is to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivatives segment of the equity market, and by investing the balance in debt and money market instruments. However, there is no assurance that the Investment Objective of the scheme will be achieved. |
| Scheme Type | Open Ended |
| Scheme Category | Hybrid Scheme – Arbitrage Fund |
| New Fund Launch Date | 30-Jan-2019 |
| New Fund Offer Closure Date | 13-Feb-2019 |
| Indicate Load Separately | Entry Load: NIL; Exit Load: 0.25% if units are redeemed or switched out on or before completion of 1 month from the date of allotment of units. Nil if units are redeemed or switched out after completion of 1 month from the date of allotment of units. |
| Minimum Subscription Amount | Rs. 5,000/- and in multiples of Rs.1/- thereafter. |
| For Further Details Please Visit Website | www.unionmf.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.
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.
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.
