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PPFAS Mutual Fund announced the launch of Parag Parikh Arbitrage Fund. The scheme opened for public subscription on October 23, 2023, and will close on October 27, 2023.
SBI Mutual Fund announced the launch of SBI NIFTY 1D Rate ETF. The scheme opened for public subscription on October 23, 2023, and will close on October 26, 2023.
Helios Mutual Fund announced the launch of Helios Flexicap Fund. The scheme opens for public subscription on October 23, 2023, and will close on November 06, 2023.
UTI Mutual Fund (UTI) launches 'UTI Long Duration Fund', an open-ended debt scheme investing in debt and money market instruments such that the portfolio Macaulay Duration is above 7 years, the company said via an exchnage filing. The scheme will have a relatively high interest rate risk and relatively low credit risk. The NFO starts on March 6, 2023 and closes on March 15, 2023.