New Debt Fund Offers from AB Sun Life, DHFL Pramerica, LIC, Reliance, and Tata

Mutual Funds
Aditya Birla Sun Life Mutual Fund
Scheme Name Aditya Birla Sun Life Fixed Term Plan – Series SA (1180 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 11-Jan-2019
New Fund Offer Closure Date 17-Jan-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

 

DHFL Pramerica Mutual Fund
Scheme Name DHFL Pramerica Fixed Duration Fund – Series BH
Objective of Scheme The objective of the Scheme is to generate income by investing in debt and money market instruments maturing on or before the date of 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-Jan-2019
New Fund Offer Closure Date 16-Jan-2019
Minimum Subscription Amount Rs. 5,000/- and in multiples of Re. 1/- thereafter
For Further Details Please Visit Website www.dhflpramericamf.com

 

DHFL Pramerica Mutual Fund
Scheme Name DHFL Pramerica Fixed Duration Fund – Series BI
Objective of Scheme The objective of the Scheme is to generate income by investing in debt and money market instruments maturing on or before the date of 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-Jan-2019
New Fund Offer Closure Date 25-Jan-2019
Minimum Subscription Amount Rs. 5,000/- and in multiples of Re. 1/- thereafter
For Further Details Please Visit Website www.dhflpramericamf.com

 

DHFL Pramerica Mutual Fund
Scheme Name DHFL Pramerica Fixed Duration Fund – Series BJ
Objective of Scheme The objective of the Scheme is to generate income by investing in debt and money market instruments maturing on or before the date of 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-Jan-2019
New Fund Offer Closure Date 25-Jan-2019
Minimum Subscription Amount Rs. 5,000/- and in multiples of Re. 1/- thereafter
For Further Details Please Visit Website www.dhflpramericamf.com

 

LIC Mutual Fund
Scheme Name LIC MF Short Term Debt Fund
Objective of Scheme The primary investment objective of the scheme is to generate returns commensurate with risk from a portfolio constituted of Debt securities and/or Money Market instruments. However there can be no assurance that the investment objective of the scheme will be achieved.
Scheme Type Open Ended
Scheme Category Debt Scheme – Short Duration Fund
New Fund Launch Date 11-Jan-2019
New Fund Earliest Closure Date 25-Jan-2019
New Fund Offer Closure Date 25-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

 

Reliance Mutual Fund
Scheme Name Reliance Fixed Horizon Fund – XXXX – Series 11
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 11-Jan-2019
New Fund Offer Closure Date 16-Jan-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

 

Tata Mutual Fund
Scheme Name Tata Ultra Short Term Fund
Objective of Scheme The investment objective of the scheme is to generate returns through investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 3 months – 6 months. 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 Debt Scheme – Ultra Short Duration Fund
New Fund Launch Date 11-Jan-2019
New Fund Offer Closure Date 21-Jan-2019
Indicate Load Separately Entry Load: N.A. Exit Load: NIL
Minimum Subscription Amount Rs. 5,000/- and in multiple of Re.1/- thereafter
For Further Details Please Visit Website www.tatamutualfund.com

Source from: www.amfiindia.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.

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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