As the new calendar year approaches, tax season is almost upon us and the mad scramble to make investments is all set to begin. Keeping this in mind, many leading fund houses have introduced their new fund offerings, a majority of which feature initial offerings that are set to close by end of December 2016. The following is a short list of the latest NFOs from leading AMCs such as Axis Mutual Funds, ICICI Prudential, HDFC FMP, SBI, Sundaram, BNP Paribas and UTI Mutual Funds.
Fund Name | Fund Type | Closing Date |
ICICI Pru Capital Protection Orient. XI-B | Debt | December 20 |
HDFC FMP – 1240Days-Dec2016(1)(XXXVII) | Debt | December 21 |
SBI Dual Advantage Fund – Series XVIII | Debt | December 21 |
Sundaram Select Micro Cap – Sr.XI | Equity | December 22 |
BNP Paribas Enhanced Arbitrage Fund – Regular | Equity | December 22 |
AXIS Emerging Opportunities Fund – Sr.1 | Equity | December 23 |
UTI-FTI – Series XXV – XII(1198Days)-Dir | Debt | December 23 |
Reliance Dual Advantage FTF – X – Plan B | Debt | December 30 |
UTI-Long Term Advantage Fund – Sr.IV | Equity | January 18 |
Sundaram LT MC Tax Advantage Fund – Sr.IV | Equity | March 20 |