Principal SMART Equity Fund, an open ended equity scheme, opens from November 26, 2010.
The primary objective of the scheme is to seek to generate long term capital appreciation with relatively lower volatility through systematic allocation of funds into equity; and in debt /money market instruments for defensive purposes. The scheme will decide on allocation of funds into equity assets based on equity market Price earning Ratio (PE Ratio) levels.When the markets become expensive in terms of price to earnings ratio, the scheme will reduce its allocation to equities and move assets into debt and/or money market instruments and vice versa. The details are as under:
NFO Opens on: November 26, 2010
NFO Closes on: December 10, 2010
Fund Type: Open Ended Equity Diversified
Minimum Investment: Rs.5,000/-
Mutual Fund: Principal PNB Asset Management Company Pvt. Ltd.
Fund Manager: Rajat Jain
Fidelity Short Term Income Fund NFO Details
Fidelity Short Term Income Fund, is a open-ended income scheme. The investment objective of the scheme is To generate reasonable returns primarily through investments in fixed income securities and money market instruments. Following are details of NFO
NFO Opens on: November 19, 2010
NFO Closes on: November 30, 2010
Fund Type: Open Ended Debt Fund
Minimum Investment: Rs.5,000/-
Mutual Fund: Fidelity India Fund Management Pvt. Ltd.
Fund Manager: Subramanian Balakrishnan
NFO Opens on: November 19, 2010
NFO Closes on: November 30, 2010
Fund Type: Open Ended Debt Fund
Minimum Investment: Rs.5,000/-
Mutual Fund: Fidelity India Fund Management Pvt. Ltd.
Fund Manager: Subramanian Balakrishnan
ICICI Prudential Regular Savings Fund NFO Details
ICICI Prudential Regular Savings Fund, is an open-ended income fund. The investment objective is to provide reasonable returns, by maintaining an optimum balance of safety, liquidity and yield, through investments in a basket of debt and money market instruments with a view to delivering consistent performance. However, there can be no assurance that the investment objective of the Scheme will be realized. Following are details of ICICI Prudential Regular Savings Fund NFO:
NFO Opens on: November 15, 2010
NFO Closes on: November 29, 2010
Fund Type: Open Ended Debt
Minimum Investment: Rs.5,000/-
Mutual Fund: ICICI Prudential Asset Mgmt. Co. Ltd.
Fund Manager: Chaitanya Pande
NFO Opens on: November 15, 2010
NFO Closes on: November 29, 2010
Fund Type: Open Ended Debt
Minimum Investment: Rs.5,000/-
Mutual Fund: ICICI Prudential Asset Mgmt. Co. Ltd.
Fund Manager: Chaitanya Pande
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