ITI Long-Term Equity Fund – ELSS Fund – NFO of ITI Mutual Fund

ITI Mutual Fund is launching its new fund named ITI Long-Term Equity Fund. This new fund is being launched in the NFO (New Fund Offer) from 15th July 2019 to 14th October 2019. During this offer, the units of the new fund will be offered to the investors at a price of Rs 10 per unit. The upcoming fund is an open-ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit. 

Sundaram Equity Fund – A Multicap Fund – NFO of Sundaram Mutual Fund

Sundaram Mutual Fund is launching its new fund named Sundaram Equity Fund. This new fund is being launched in the NFO (New Fund Offer) from 16th August 2019 to 30th August 2019. During this offer, the units of the new fund will be offered to the investors at a price of Rs 10 per unit. The upcoming fund is an open-ended equity scheme which will invest across large cap, mid cap, small cap stocks.

SREI Equipment Finance NCD 2019 – Coupon Rate, Date, Prospectus

SREI Equipment Finance Limited, a Kolkata based financial services company of Srei Group, is issuing the NCD (Non-Convertible Debentures). The company targets to raise a capital of up to Rs 8,000 crore through the tranche-2 issue. SREI Equipment Finance NCD 2019 opens for investment on 19th August 2019 and closes on 18th  September 2019. The non-convertible debentures of face value Rs 1,000 each will be offered to investors during this issue. The company is offering a coupon rate (rate of interest) of up to 10.92% on investment.

BNP Paribas Global Innovative Technology Fund – Upcoming NFO 2019

BNP Paribas Mutual Fund is launching a new fund with the name BNP Paribas Global Innovative Technology Fund during NFO (New Fund Offer). This is an open-ended equity fund of fund which aims at  investing predominantly in units of Parvest Disruptive Technology. The BNP Paribas NFO 2019 opens on 16th August 2019 and closes on 30th August 2019. During the offer, the units of this mutual fund will be issued at a price of Rs 10 per unit.