New debt, equity, and interval funds from Franklin TP, HSBC, IDFC, Kotak Mahindra, and SBI

Mutual Funds
Franklin Templeton Mutual Fund
Scheme Name Franklin India Fixed Maturity Plans – Series 6 Plan C (1169 days)
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. However, there can be no assurance that the investment objective of the Scheme will be realized.
Scheme Type Close Ended
Scheme Category Debt – Income
New Fund Launch Date 11-Mar-2019
New Fund Offer Closure Date 18-Mar-2019
Minimum Subscription Amount Rs. 5,000/-
For Further Details Please Visit Website www.franklintempletonindia.com

 

HSBC Mutual Fund
Scheme Name HSBC Large and Mid Cap Equity Fund
Objective of Scheme To seek long term capital growth through investments in both large cap and mid cap stocks. However, there is no assurance that the investment objective of the Scheme will be achieved.
Scheme Type Open Ended
Scheme Category Equity Scheme – Large & Mid Cap Fund
New Fund Launch Date 11-Mar-2019
New Fund Offer Closure Date 25-Mar-2019
Indicate Load Separately Entry load – NIL
Minimum Subscription Amount Rs.5,000/-
For Further Details Please Visit Website www.assetmanagement.hsbc.co.in

 

IDFC Mutual Fund
Scheme Name IDFC FIXED TERM PLAN SERIES – 179 (3652 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 11-Mar-2019
New Fund Offer Closure Date 12-Mar-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

 

Kotak Mahindra Mutual Fund
Scheme Name Kotak FMP Series 265-1194 days
Objective of Scheme The investment objective of the Scheme is to generate returns through investments in debt and money market instruments with a view to reduce the interest rate risk. The Scheme will invest in debt and money market securities, maturing on or before maturity of the scheme. There is no assurance that the investment objective of the Scheme will be achieved.
Scheme Type Close Ended
Scheme Category Debt – Income
New Fund Launch Date 11-Mar-2019
New Fund Offer Closure Date 13-Mar-2019
Minimum Subscription Amount Rs.5,000/-
For Further Details Please Visit Website assetmanagement.kotak.com

 

Kotak Mahindra Mutual Fund
Scheme Name Kotak Monthly Interval Plan Series 4
Objective of Scheme The investment objective of the Scheme is to generate returns through investments in debt and money market instruments. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.
Scheme Type Interval Fund
Scheme Category Debt&Equity – Income
New Fund Launch Date 11-Mar-2019
New Fund Offer Closure Date 13-Mar-2019
Minimum Subscription Amount Rs.5,000/-
For Further Details Please Visit Website assetmanagement.kotak.com

 

SBI Mutual Fund
Scheme Name SBI Capital Protection Oriented Fund – Series A (Plan 2)
Objective of Scheme The scheme is a close-ended capital protection oriented scheme. The scheme endeavors to protect the capital by investing in high quality fixed income securities that are maturing on or before the maturity of the Scheme as the primary objective and generate capital appreciation by investing in equity and equity related instruments as a secondary objective. 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 11-Mar-2019
New Fund Earliest Closure Date 25-Mar-2019
New Fund Offer Closure Date 25-Mar-2019
Minimum Subscription Amount Rs. 5,000/- and in multiples of Re. 1/- thereafter
For Further Details Please Visit Website www.sbimf.com

 

SBI Mutual Fund
Scheme Name SBI Debt Fund Series C – 47 (360 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. There is no assurance or guarantee that the scheme’s objective will be achieved.
Scheme Type Close Ended
Scheme Category Debt – Income
New Fund Launch Date 06-Mar-2019
New Fund Earliest Closure Date 11-Mar-2019
New Fund Offer Closure Date 11-Mar-2019
Minimum Subscription Amount Rs. 5,000/- and in multiples of Re. 1/- thereafter
For Further Details Please Visit Website www.sbimf.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.

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.

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

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.

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