ICICI Pru Capital Protection Oriented Fund Series IV Plan F- 60 months
As indicated in the name the ICICI Pru Capital Protection Oriented Fund Series IV Plan F- 60 months is a capital protection oriented fund, which aims to protect the capital. Thus, the scheme will invest a portion of its portfolio in highest rated debt securities and money market instruments and also to provide capital appreciation by investing the balance in equity and equity related securities.
The scheme offers regular dividend as well as cumulative scheme, though the latter might not be tax efficient.
The NFO closes on Nov 21.
LIC Nomura Capital Protection Oriented Fund Series 1- 36 months
LIC Nomura's Capital Protection Oriented Fund is not too different from other capital protection oriented funds. The scheme aims to achieve capital protection by investing in fixed income securities maturing on or before the tenure of the scheme and seeks capital appreciation by investing in equity and equity related investments. For those desiring a scheme with less risk, LIC Nomura's scheme is ideal.
The scheme closes on Nov 25.
Axis Small Cap Fund
Axis small cap fund is a five year close-ended equity scheme (with automatic conversion into open ended equity scheme on completion of 5 years). The scheme will invest its funds in small cap companies, which means the risk and returns can both be high. Investors who are willing to take more aggressive bets can invest in the scheme.
The new fund offer is already open and will close on Nov 25.
Reliance Close Ended Equity Series A
Reliance Mutual fund's Reliance close-ended equity fund- series A -- having a five year lock-in period would invest across all market caps to retain the flexibility in portfolio adjustment.
The new fund offer will open for subscription from November 15 and close on November 29.
Being more of an equity oriented scheme it s meant for aggressive investors who are willing to take a risk.