Which mutual fund NFO you should invest?

There are three new Mutual Fund Launch of NFO in November 2017. The Stock markets has generated a return of over 30% in last one year time. Most of the mutual fund has performed well. The biggest question is should you invest in Mutual fund now? The probable answer is yes, provided you can hold on till 3 to 5 years.

Currently there are 3 mutual fund NFO which are live, we have prepared summary to analysis so that you can take decision

In case of form filing or availability to pick up form you can contact Manish Tervankar at 8424949136

NEW NFO Lunch November 2017

Scheme Name

UTI Focused Equity Fund

HDFC Housing Opportunities Fund

IndiaBulls Tax Saving Fund

Fund Type

Equity

Equity

Equity

Risk Metric

Moderately High

High

Moderately High

Minimum Investment

5000/-

5000/-

5000/-

Exit Load

Nil

Nil

Nil

Benchmark Index

S&P BSE 200

India Housing & Alied Business Index

S&P BSE 500 Index

Entry Load

Nil

Nil

Nil

Fund Manager

Mr.Vetri Subramaniam

Mr.Srinivas Rao Ravuri

Mr.Sumit Bhatnagar

Tax Saving U/S 80C

No

No

Yes

Options Available

Growth & Dividend

Growth & Dividend

Growth & Dividend

NFO Open

 

19th November

 

16th November

 

21st September

 

NFO Closes

 

4th December

 

30th November

 

20th December

 

In case of form filing or availability to pick up form you can contact Manish Tervankar at 8424949136

HDFC MF launches Housing Opportunities Fund.

HDFC Mutual Fund, India's second biggest asset Management Company as per assets under management, has launched a new fund, Housing Opportunities Fund-Series 1, which opens for subscription today. New fund offer (NFO) of this close-ended thematic fund will close on November 30, 2017.

The  Housing Opportunities Fund-Series 1 aims to benefit from the growth story of India's housing sector by investing predominantly in equity and equity related instruments of entities engaged in or are expected to benefit from the growth in housing and its allied business activities.

HDFC Mutual Fund believes that demand for housing in India is likely to see robust growth going ahead on account of government's push for housing for all, Pradhan Mantri Awash Yojna incentive, improved affordability, increased urbanization and a favorable demographics.  So companies like cement producers, sanitaryware maker, home appliance makers, paint companies and plywood manufacturer are likely to see strong earnings growth in the coming years, the asset management company says.

The fund will invest 80-85 per cent of its assets in equities of housing and allied businesses while 15-20 per cent of its assets will be invested in debt and money market instruments.

The Housing Opportunities Fund will have tenure of 1,140 days. This fund will be listed on both NSE and BSE, so investors who want to exit prematurely can do so by selling their units in the market. Units of the plan will automatically be redeemed on maturity date.

The scheme may be rolled over upon maturity, which is at the discretion of the trustees after taking into account market scenario and compaying with necessary regulations. Only those investors who consent to rollover will have their units rolled over upon maturity.

One can invest a minimum amount of Rs 5,000 and in multiples of Rs 10 thereafter in this fund.

UtI Focussed Equity Fund

The scheme aims to provide long term capital appreciation by:

1. Investing in a concentrated portfolio, agnostic to sector/theme/style or market capitalization.

 2. Endeavoring to take advantage of the current changes in the Indian economy brought about by recent policy initiatives/reforms and the changing consumption pattern of the Indian population.

 3. Identify and investing in companies which are positioned to benefit from improvement in market share due to a potential shift from unorganized to the organized segment.

The product is suitable for investors who are seeking Long term capital growth

A close ended scheme that aims to provide capital appreciation by investing in equity and equity related securities

RISKOMETER

Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

IndiaBulls Tax Saving Fund (ELSS)

Investment Objective: The investment objective of the Scheme is to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related Securities. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.

This product is suitable for investors who are seeking*

  • The investment objective of the Scheme is to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related Securities.
  • An ELSS Scheme offering tax benefits under Section 80C of the Income Tax Act
  • Moderately High Risk

Based on above summary you can decide on which mutual fund to Invest. In case of form filing or availability to pick up form you can contact Manish Tervankar at 8424949136

 

 

 

 

 

 

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article author Vivek
Posted On:  2 weeks ago

Hi Sir, I started MF investment through SIP and below are funds I invested: Aditya Birla Sun Life Tax Relief 96 Growth - Rs 1000 Reliance Small Cap Fund - Growth - Rs 2000 L&T Emerging Business Fund Regular Growth - Rs 2000 Kotak Select Focus Growth - Rs 1000 Tata India Tax Savings Fund Regular Growth - Rs 1000. Can you please suggest which one of these I should choose?


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    I hope by reading this article you got enlighten on ,Which mutual fund NFO you should invest?further to mention before taken any financial decision based on this content it is prefered to take an expert opinion as matter can be subjective.