Indian Mutual Funds - New Fund Offers

Franklin Asian Equity Fund - Those of who want to spread their portfolio/ risk across Asian markets can apply.

Kotak Mahindra Asset Management Company (KMAMC) is all set to play the infrastructure theme by launching the Kotak Indo World Infrastructure Fund, a three-year close-ended equity scheme.The fund will open for subscription on November 27 and close on December 22.
Fund is close ended.Investors too keen on infrastructure can prefer investing through SIPs in open-ended funds like UTI Infrastructure, Tata Infrastructure or ICICI prudential infrastructure fund. But limit your exposure to sectoral funds.

ICICI Prudential Real Estate Securities Fund (The scheme will not be directly owning or holding real estate properties.) is a 3-year close-ended debt fund, designed to invest in Real Estate Sector and real estate oriented sectors like Cement, Construction, Metals, Hotels, Retail, Banks & Finance Companies etc.The scheme will:Predominantly invest (51% to 100%) in high yielding debt securities issued by companies that are associated with or benefitting (directly / indirectly) from the real estate sector.Invest up to 49% in equity of companies, which are engaged in industries that benefit directly or indirectly from the Real Estate Sector or have substantial investments in property (incl. Land holdings).The initial allocation of the fund will typically be 70% in debt instruments and 30% in equity and equity related securities.