Two new mutual funds and SIFs will open for subscription on April 15. Fund houses launch new funds to complete their bouquet of offerings. Here is a detailed breakup (Source: ACE MF and Value Research)
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Fund house breakdown
The two mutual funds will be from SBI Mutual Fund and the SIFs will be from The Wealth Company Mutual Fund.
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SBI CRISIL-IBX Financial Services 3-6 Months Debt Index
SBI CRISIL-IBX Financial Services 3-6 Months Debt Index, a debt oriented passive fund, will close for subscription on April 20. The minimum investment amount will be Rs 5,000
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SBI CRISIL-IBX Financial Services 9-12 Months Debt Index
SBI CRISIL-IBX Financial Services 9-12 Months Debt Index, a debt oriented passive fund, will close for subscription on April 20. The minimum investment amount will be Rs 5,000
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WSIF Equity Ex-Top 100 Long Short Fund
WSIF Equity Ex-Top 100 Long Short Fund will close for subscription on April 29. The minimum investment amount will be Rs 10 lakh.
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WSIF Equity Long Short Fund
WSIF Equity Long Short Fund will close for subscription on April 29. The minimum investment amount will be Rs 10 lakh.
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Want to invest?
If you are willing to invest, choose the fund that is best for you based on your risk profile, investment horizon, and financial goals.