The following are new mutual funds being offered by various AMCs as of May 10 2011.
For FMPs, the schemes focus on generating income and / or capital appreciation by investing in debt and money market instruments having maturity in line with the maturity of the scheme.
For new equity funds, think about whether you want to invest in schemes that already exist in the market.
With rates near cycle highs, investing in FMP/fixed income instruments may be a better option. Equity investments at this stage require at least a 2-3 year horizon.
Source: AMFI
Birla Sun Life Mutual Fund |
Birla Sun Life Fixed Term Plan - Series DA |
Birla Sun Life Fixed Term Plan - Series DB |
Birla Sun Life Short Term FMP - Series 14 |
Deutsche Mutual Fund |
DWS Fixed Term Fund - Series 82 (DFTF - 82) |
ICICI Prudential Mutual Fund |
ICICI Prudential Fixed Maturity Plan - Series 56 - 1 Year Plan F |
Kotak Mahindra Mutual Fund |
Kotak FMP Series 46 (370 Days) |
Kotak FMP Series 47 (24M) |
Quantum Mutual Fund |
Quantum Gold Savings Fund |
Reliance Mutual Fund |
Reliance Dual Advantage Fixed Tenure Fund - I - Plan K |
Religare Mutual Fund |
Religare Fixed Maturity Plan - Series VII - Plan A to F - Plan C (369 Days) |
SBI Mutual Fund |
SBI DEBT FUND SERIES 180 DAYS 18 |
Sundaram Mutual Fund |
Sundaram Equity Plus |
Tata Mutual Fund |
Tata Fixed Maturity Plan Series 33 Scheme B ( 90 days maturity) |