NFONEST

February 2018

NFOs of various hues adorn the February 2018 NFONEST.

SBI Debt Fund – Series C - 10

Opens: February 15, 2018

Closes: February 20, 2018

SBI Mutual Fund has launched the SBI Debt Fund – Series C – 10, a closed end fund that matures after 1150 days. The fund 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. The product is suitable for investors who are seeking regular income over long term by investing in debt/money market instrument/Govt. securities. The fund is benchmarked against the CRISIL Composite Bond Fund Index. The Fund Manager is Ms. Ranjana Gupta.

Canara Robeco Capital Protection Oriented Fund – Series 9

Opens: February 9, 2018

Closes: February 23, 2018

Canara Robeco Mutual Fund has launched a closed end fund, the Canara Robeco Capital Protection Oriented Fund – Series 9. The fund seeks capital protection by investing in high quality fixed income securities (70% to 100%) maturing on or before the maturity of the scheme of 1134 days and seeking capital appreciation by investing in equity and equity related instruments (0%to 30%). The fund is benchmarked against the CRISIL MIP Blended Index. The fund managers are Shridatta Bhandwaldar & Suman Prasad.

DSP Blackrock A.C.E Fund Series 2

Opens: February 16, 2018

Closes: March 1, 2018

DSP BlackRock Mutual Fund launched DSP BlackRock A.C.E (Analysts’ Conviction Equalized) Fund - Series 2, a close-ended multi cap fund portfolio that consists of 45-55 high conviction ideas, picked across sectors and market capitalisation. The scheme avoids sector and stock allocation bias. It will do so by having sectoral allocation in line with the NIFTY 500 and equal weights for all stocks within a sector. Stock weights will be re-balanced quarterly and stock inclusions/exclusions will be done on a real-time basis. The new scheme is probably India’s first fund to combine three big ideas such as analysts’ conviction, equal weights and smart protection. The fund is benchmarked against the Nifty 500 Index. The fund will be managed by M Suryanarayan.

Axis Capital Builder Fund – Series 1

Opens: February 16, 2018

Closes: March 1, 2018

Axis Capital Builder Fund – Series I is a close ended scheme investing across large cap, mid cap and small cap stocks maturing after 1540 days from the date of allotment. The investment objective of the scheme is to generate income and long term capital appreciation by investing in a diversified portfolio of equity and equity related instruments across market capitalisation. The product is suitable for investors who are seeking income and capital appreciation by investing primarily in debt and money market instruments for regular returns and equity and equity related instruments for capital appreciation. The fund is benchmarked against the Nifty 500 Index. The fund managers are Mr. Anupam Tiwari and Mr. Ashish Naik.

Sundaram Emerging Small Cap Fund – Series I

Opens: February 19, 2018

Closes: March 5, 2018

Sundaram Mutual Fund has launched Sundaram Small Cap Fund – Series I. The investment objective is to seek capital appreciation by investing predominantly in equity/equity-related instruments of companies that can be termed as Small Caps. Small Cap Stocks are defined as 251st company onwards in terms of full market capitalization. The fund is benchmarked against the S&P BSE Small Cap Index. The Fund Managers are Mr. S. Krishna Kumar and Dwijendra Srivastava..

SBI Debt Fund Series C- 11 to 14, Parag Parikh Liquid Fund, SBI – ETF Sensex Next 50, Mahindra Rural Bharat Yojana, Shriram Multicap Fund, SBI Equity Opportunities Fund – Series X to XI, SBI Dual Advantage Fund – Series XXVIII to XXX and Tata Arbitrage Fund are expected to be launched in the coming months.