New Debt and Equity Arbitrage Fund Offers from various Asset Management Companies

Mutual Funds
Aditya Birla Sun Life Mutual Fund
Scheme Name Aditya Birla Sun Life Fixed Term Plan – Series RZ (1187 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 08-Jan-2019
New Fund Offer Closure Date 10-Jan-2019
Indicate Load Separately Entry Load: Nil Exit Load: Nil
Minimum Subscription Amount Rs.1,000/- and in multiples of Rs.10/- thereafter
For Further Details Please Visit Website https://mutualfund.adityabirlacapital.com

 

ICICI Prudential Mutual Fund
Scheme Name ICICI Prudential Fixed Maturity Plan – Series 84 – 1188 Days Plan Z
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 08-Jan-2019
New Fund Offer Closure Date 21-Jan-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

 

IDFC Mutual Fund
Scheme Name IDFC FIXED TERM PLAN SERIES – 167 (1202 DAYS)
Objective of Scheme The Scheme seeks to generate income by investing in a portfolio of debt 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 08-Jan-2019
New Fund Offer Closure Date 09-Jan-2019
Indicate Load Separately NIL
Minimum Subscription Amount Rs.5,000/- and multiples of Rs.10/- thereafter
For Further Details Please Visit Website www.idfcmf.com

 

HDFC Mutual Fund
Scheme Name HDFC FMP 1190D January 2019(1)
Objective of Scheme The objective of the Plan(s) under the Scheme is to generate income through investments in Debt/ Money Market Instruments and Government Securities maturing on or before the maturity date of the respective Plan(s). There is no assurance that the investment objective of the Scheme will be realized.
Scheme Type Close Ended
Scheme Category Debt – Income
New Fund Launch Date 04-Jan-2019
New Fund Earliest Closure Date 08-Jan-2019
New Fund Offer Closure Date 08-Jan-2019
Indicate Load Separately NA
Minimum Subscription Amount Rs.5,000/-
For Further Details Please Visit Website www.hdfcfund.com

 

ICICI Prudential Mutual Fund
Scheme Name ICICI Prudential Fixed Maturity Plan – Series 84 – 1204 Days Plan Y
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 04-Jan-2019
New Fund Offer Closure Date 08-Jan-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

 

LIC Mutual Fund
Scheme Name LIC MF Arbitrage Fund
Objective of Scheme The investment objective of the scheme is to generate income by taking advantage of arbitrage opportunities that potentially exists between cash and derivative market and within the derivative segment along with investments in debt securities & money market instruments. However, there can be no assurance that the investment objective of the scheme will be realized.
Scheme Type Open Ended
Scheme Category Hybrid Scheme – Arbitrage Fund
New Fund Launch Date 04-Jan-2019
New Fund Earliest Closure Date 18-Jan-2019
New Fund Offer Closure Date 18-Jan-2019
Indicate Load Separately Entry Load – Nil, Exit Load – Nil
Minimum Subscription Amount Rs. 5,000/- & in multiples of Rs.1/- thereafter during NFO
For Further Details Please Visit Website www.licmf.com

 

SBI Mutual Fund
Scheme Name SBI Debt Fund Series C – 37 (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.
Scheme Type Close Ended
Scheme Category Debt – Income
New Fund Launch Date 04-Jan-2019
New Fund Earliest Closure Date 14-Jan-2019
New Fund Offer Closure Date 14-Jan-2019
Minimum Subscription Amount Rs. 5,000/- and in multiples of Re. 1/- thereafter
For Further Details Please Visit Website www.sbimf.com

Mutual Funds Based on Asset Class

Debt Fund: 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.

Arbitrage Fund: is a type of mutual fund that leverages the price differential in the cash and derivatives market to generate returns. The returns are dependent on the volatility of the asset.These funds capitalize on the market inefficiencies and generate profits for the investors.

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.

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 are often listed for trade 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.

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