| Aditya Birla Sun Life Mutual Fund | |
| Scheme Name | Aditya Birla Sun Life Fixed Term Plan – Series SL (1120 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. |
| Scheme Type | Close Ended |
| Scheme Category | Debt – Income |
| New Fund Launch Date | 19-Mar-2019 |
| New Fund Offer Closure Date | 26-Mar-2019 |
| Indicate Load Separately | “Entry Load: Nil Exit Load: Nil No redemption/repurchase of units shall be allowed prior to the maturity of the scheme. Investors wishing to exit may do so through stock exchange mode.” |
| Minimum Subscription Amount | Rs. 1,000/- and in multiples of Rs. 10/- thereafter |
| For Further Details Please Visit Website | https://mutualfund.adityabirlacapital.com |
| Axis Mutual Fund | |
| Scheme Name | Axis Fixed Term Plan – Series 104 (1112 Days) |
| Objective of Scheme | The Scheme will endeavor to generate returns through a portfolio of debt & money market instruments that are maturing on or before the maturity of the Scheme. 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 | Close Ended |
| Scheme Category | Debt – Income |
| New Fund Launch Date | 19-Mar-2019 |
| New Fund Earliest Closure Date | 26-Mar-2019 |
| New Fund Offer Closure Date | 27-Mar-2019 |
| Indicate Load Separately | Entry Load: NA Exit Load: Nil |
| Minimum Subscription Amount | Rs. 5,000/- and in multiples of Rs. 10/- thereafter |
| For Further Details Please Visit Website | www.axismf.com |
| ICICI Prudential Mutual Fund | |
| Scheme Name | ICICI Prudential Fixed Maturity Plan – Series 85 – 1127 Days Plan O |
| 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 | 19-Mar-2019 |
| New Fund Offer Closure Date | 25-Mar-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 – 1128 Days Plan N |
| 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 | 19-Mar-2019 |
| New Fund Offer Closure Date | 20-Mar-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 – 1130 Days Plan M |
| 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 | 19-Mar-2019 |
| New Fund Offer Closure Date | 19-Mar-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 Interval Fund – Series IX – 185 Days Plan F |
| Objective of Scheme | The investment objective of the Scheme is to seek to generate optimal returns consistent with moderate levels of risk and liquidity by investing in debt securities and money market securities maturing on or before the opening of the immediately following Specified Transaction Period (STP). |
| Scheme Type | Interval Fund |
| Scheme Category | Debt & Equity – Income |
| New Fund Launch Date | 19-Mar-2019 |
| New Fund Offer Closure Date | 25-Mar-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 |
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.
Interval Funds: These are funds that have the features of open-ended and close-ended funds in that they are open for repurchase of shares at different intervals during the fund tenure. The fund management company offers to repurchase units from existing unit holders during these intervals. If unit holders wish to they can offload shares in favor of the fund.
Types of Mutual Funds based on structure
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.
