Mutual Fund Name Issue Open Issue Close Entry Load Exit Load Min Amount Apply Theme ICICI Prudential Focused Equity Fund 08-Apr-08 07-May-08 2.25 1% within 6 months 5000 Yes Open Ended Fund from a reputed fund house that is focusing on a selective 20 large cap companies from the top 200 in terms of market capitalization. In the long term the market will go nowhere but up only. Hence this fund should give good results. DSP-ML Natural Resources and New Energy Fund 03-Mar-08 27-Mar-08 2.25 Variable 5000 Yes Open Ended Equity Diversified Sectoral Fund that would invest in companies principally engaged in the discovery, development, production or distribution of natural resources and alternative energy. Energy is the sector to be in for the next few years. JM Tax Gain Fund 24-Dec-07 25-Mar-08 2.25 0 5000 No Open Ended Equity Linked Savings Scheme Fund that would invest in equities to provide some tax benefits to investors. For me, this is neither the best Scheme now nor the Fund house. I will skip this one. UTI-Long Term Advantage Fund - S2 19-Dec-07 19-Mar-08 0 Variable 5000 Yes 10 years Close Ended ELSS Tax Saving Fund that would invest in equities of companies across large, mid and small market capitalization. One can invest in this mutual fund for tax saving and long term capital appreciation. Tata Growing Economies Infrastructure Fund 18-Feb-08 18-Mar-08 3 1% within 1 year 5000 Yes Open Ended Equity Scheme that would invest in equities of companies in infrastructure & other related sectors in the growing economies of the world & in India. One can apply in this Reliable Fund house with proven results. Reliance Equity Linked Saving Fund 18-Dec-07 17-Mar-08 0 Variable 5000 No 10 years Close Ended Equity Linked Savings Scheme that will invest predominantly in equities for capital gains and income tax benefit. There are proven existing ELSS tax savings funds with lock-in of just 3 years and not 10 years. AIG Short Term Fund 29-Feb-08 04-Mar-08 0 0.25% within 15 days 1000 No Open Ended Debt Fund that would generate income from a portfolio constituted of short to medium term debt and money market securities. One can avoid this issue and rather invest in bank deposits if they want safe and secure investments. LIC Infrastructure Fund 04-Feb-08 04-Mar-08 0 Variable 5000 No 3-year close ended equity diversified fund that would predominantly invest in companies involved in the infrastructure sector and debt and money market securities. One can avoid this issue and rather invest in existing Mutual funds of this sector. HSBC Small Cap Fund 19-Jan-08 03-Mar-08 0 Variable 10000 Yes 3 years Close Ended Equity Diversified Small Cap fund from a good fund house HSBC that would primarily invest in small cap companies. One can invest in this fund with a long term capital appreciation goal. SBI TAX Advantage Fund 03-Dec-07 03-Mar-08 0 Variable 5000 Yes 10 years Close Ended ELSS Tax Saving Fund that would invest in equities of companies across large, mid and small market capitalization. One can invest in this mutual fund for tax saving and long term capital appreciation. JM Core 11 Fund 14-Jan-08 15-Feb-08 0 Variable 5000 No 3 years Close Ended Equity Diversified fund that would invest in equities. There is nothing unique in this scheme. So why should one lock its money for 3 years period? Rather buy proven Mutual Funds from the existing ones. Lotus India AGILE Tax Fund 15-Nov-07 15-Feb-08 0 Variable 5000 No 10 years Close Ended Equity Linked Saving Scheme (ELSS) that would invest in companies based on some mathematical formulae. Lotus fund house has not yet delivered so well that I would park in my money with them for the next 10 years. AIG Infra and Economic Reform Fund 10-Jan-08 31-Jan-08 2.25 1% within 1 year 5000 No Open Ended Equity Diversified fund that would invest in companies involved in economic development of India as a result of potential investments in infrastructure and unfolding economic reforms. There are many other proven existing Infra Funds available. Reliance Natural Resources Fund 01-Jan-08 30-Jan-08 2.25 0 5000 Yes Open Ended Equity Diversified Sectoral Fund by Reliance Anil Group that would invest in companies principally engaged in the discovery, development, production, or distribution of natural resources. Energy is the sector to be in for the next few years. Sahara CLASSIC Fund 18-Dec-07 16-Jan-08 1 3% within 12 months 5000 No Open Ended Debt fund that would invest in debt schemes and some portion in equity related instruments. Excuse me! Did I say Sahara? Sahara for whom? I will ignore this fund/group for now. Birla Sun Life Special Situations Fund 17-Dec-07 15-Jan-08 2.25 0.5% within 6 months 5000 Yes Open Ended Equity Diversified fund that would take the contrarian call and the special situations/opportunities. Birla Sun Life’s existing schemes has performed well and in today’s market schemes like this should fetch better return. Kotak Indo World Infrastructure Fund 27-Nov-07 28-Dec-07 0 Variable 5000 No 3 years Close Ended equity fund that will invest in Indian and International infrastructure companies. Spreading your fund in international infra sector is good but then appreciating rupee is an issue. Also, Kotak is an average fund house. UTI Infrastructure Advantage Fund 12-Nov-07 24-Dec-07 0 Variable 5000 Yes 3 years Close Ended equity fund that will invest in the companies engaged in the infrastructure growth of the Indian economy. The Fund manager has delivered awesome results in a similar scheme of this Fund House. DBS Chola Small Cap Fund 20-Nov-07 20-Dec-07 0 Variable 5000 No 3 years Close Ended equity fund that will invest in the small cap companies. For me, this is neither the best Scheme now nor the Fund house. I will skip this one. JM Agri & Infra Fund 19-Nov-07 18-Dec-07 0 Variable 5000 No 3 years Close Ended equity fund that will invest in companies that focus on agriculture and infrastructure development of India. It is a great theme and a wonderful opportunity today but this fund house has not delivered in any of their existing schemes. Franklin Asian Equity Fund 19-Nov-07 18-Dec-07 2.25 0.5 % with 12 months 5000 Yes Open Ended Equity Diversified fund that will invest in Asian companies (excl Japan) and the domestic market. Franklin is a fund house with good track record. Indian Rupee appreciation is a bit of concern here. Long term investment should be fruitful. ICICI Prudential Real Estate Securities 15-Nov-07 14-Dec-07 0 Variable 5000 No 3 years closed ended Debt fund that will invest in debt securities from the real estate sector. Return of Debt funds are typically around 7-8% per annum. Do you want this kind of return? ING Global Real Estate Fund 20-Nov-07 14-Dec-07 2.75 1.5% within 12 months 5000 No Open Ended Fund of Fund in the Global Real Estate Sector that will invest in the real estate sector all across the globe. One concern with any Global fund today is the appreciating Indian Rupee. Expect average returns from this fund. LIC Top 100 Fund 15-Nov-07 14-Dec-07 0 Variable 5000 No 3 years Close Ended fund that will invest in the companies of CNX 100 Index. LIC Fund house has not given any outstanding results yet in their existing funds. I believe there are better schemes and fund houses to invest my money into. Sundaram BNP Paribas Energy Opportunities 12-Nov-07 11-Dec-07 0 Variable 5000 Yes 3 year closed-end equity fund that will invest in shares of energy and energy related companies. It will be converted into an open ended fund after three years. Great Fund House with a good Fund Manager and definitely Energy is the call of the time. JPMorgan India Smaller Companies Fund 09-Nov-07 30-Nov-07 2.25 1% within 6 months 5000 No Open Ended Equity based fund by a practically new fund house in India that would focus on small caps. Small Cap shares are typically very risky and volatile. If I am to invest in small caps MF then the existing ones like Sundaram SMILE is my choice. Lotus India AGILE Fund 25-Oct-07 23-Nov-07 2.25 1% within 6 months 5000 No Lotus India Agile Fund is Open-Ended Quant-based fund that will pick 11 stocks based on mathematical formula. It could be a good long term hold. But I am not very comfortable with this methodology or the number of stocks. I will skip this one for now. Sahara R.E.A.L. Fund 05-Oct-07 02-Nov-07 0 Variable 5000 No 3 years Close Ended Fund that would primarily invest in companies of Retailing, Entertainment & Media, Auto & auto ancillaries and Logistics Sector. Theme is quite good but the group is yet to deliver any good results when compared to its peers. Reliance Gold ETF 15-Oct-07 01-Nov-07 1 Nil 5000 No Open Ended Gold Fund which would provide returns closely to the return provided by the price of gold through investment in physical gold. Gold Funds have not delivered as compared to other equity funds. Hence avoiding it. DWS Money Plus Advantage 15-Oct-07 01-Nov-07 0 0.1% within 3 months 5000 No Open Ended Debt Scheme that generate regular income by investing primarily in the investment grade fixed income securities and money market instruments. Low risk and return equivalent to bank deposit schemes or so. Hence, avoiding it. Lotus India Infrastructure Fund 25-Sep-07 24-Oct-07 0 0% unless one exits before maturity 5000 No 3 years Close Ended Fund that would invest in companies that are engaged in the area of infrastructure. I would rather opt for existing Infrastructure funds like Tata or ICICI Prudential infrastructure funds based on their awesome past performance. Birla Sun Life International Equity Fund 17-Sep-07 16-Oct-07 2.5 1% within 6 months 5000 Yes Open Ended Equity Diversified Fund – Plan A would exclusively invest in international stocks. Plan B would invest in a blend of domestic and international stocks. Both of the plans should be equally good and the fund house reputation is excellent. Tata Indo Global Infrastructure Fund 03-Sep-07 16-Oct-07 0 Variable 10000 Yes 3 years Close Ended Fund that would invest primarily in equity companies engaged in infrastructure and infrastructure related sectors, which are incorporated or have their area of primary activity, in India and other parts of the world. ABN AMRO China India Fund 03-Sep-07 01-Oct-07 2.5 1% within 12 months 5000 No Open Ended Equity Fund that would primarily invest in equity & equity related securities of India and China and some in debt & money market instruments. ABN AMRO results have not been the among the best of the mutual fund houses. Fidelity India Growth Fund 03-Sep-07 26-Sep-07 2.25 1% within 6 months 5000 Yes Open Ended Equity Fund that would primarily invest in growth oriented companies in Indian and International markets without any sector or cap bias. One can invest in this fund with a long term capital appreciation goal. ICICI Pru Indo Asia Equity Fund 23-Aug-07 21-Sep-07 2.25 1% within 6 months 5000 Yes Open Ended Diversified Equity Scheme will be initially investing in share classes of IOF -Asian equity fund & thereafter will invest in listed shares, securities in Asia. Emerging Asian markets have performed much better than Indian market, if not at par. LICMF Systematic Asset Allocation Fund 16-Aug-07 14-Sep-07 2.25 Nil 5000 No 3 year Close ended Hybrid Fund investing initially into debt and money instruments. Later the money would be moved into the equities. Returns from this fund would be low atleast in the first year or so. Lotus India Equity Fund 16-Aug-07 07-Sep-07 2.25 1% within 6 months 5000 Yes Open Ended Equity based fund that would invest on 15-30 individual stocks at any time which would cover 5 to 10 different sectors. Keeping in mind the current stock market it should be a good long term buy to generate capital growth. DBS Chola Infrastructure fund 07-Aug-07 06-Sep-07 0 2% within 12 months 5000 No 3 years Close Ended Fund that would invest in companies that are engaged in the area of infrastructure. I would rather opt for existing Infrastructure funds like Tata or ICICI Prudential infrastructure funds based on their awesome past performance. HSBC Dynamic Fund 03-Aug-07 30-Aug-07 2.5 1% within 12 months 10000 No Open Ended Fund that would invest its funds in both equity and debt markets based on the market view. This allocation shall be steadily monitored and as and when the market movements demand, a switch would be made. Expect mediocre returns from it. DWS Strategic Global Themes Fund 31-Jul-07 28-Aug-07 2.75 0.5% within 1 year 5000 No Open Ended Fund of Fund that will invest in DWS Strategic Global Themes Fund. Why would one invest now in overseas market when indian market itself is at its boom? Also similar funds have not given any good returns. Kotak Global Emerging Market Fund 25-Jul-07 24-Aug-07 0 0 5000 No 3 years Close ended fund of fund that will invest primarily in overseas mutual funds. Why would one invest now in overseas market when indian market itself is at its boom? Moreover, fund of funds are expensive but less risky. Escorts Infrastructure Fund 26-Jul-07 24-Aug-07 0 0 5000 Yes 5 year Close ended fund that will primarily invest in companies in the infrastructure sector. This is a promising sector and its peer funds have given good results. One can get into this or similar fund of other fund house. DSP Merrill Lynch World Gold Fund 25-Jul-07 23-Aug-07 2.25 0.5% within 6 months 5000 No Open Ended Fund of Fund that will primarily invest in Merrill Lynch International Investment Funds- World Global Fund. Gold funds typically does not give good returns as compared to equity diversified funds. JM Contra Fund 16-Jul-07 14-Aug-07 2.25 1% within 6 months 5000 No Open Ended Equity Diversified fund that refers to buying into fundamentally sound stocks that have been overlooked by the market. Existing contra funds of other Fund houses have not given returns as compared to other schemes. Sundaram BNP Paribas Capital Protection Oriented Fund 09-Jul-07 07-Aug-07 0 0 5000 No Closed Ended Hybrid Debt oriented scheme with capital protection feature. It will seek income and minimise risk of capital loss by investing in fixed income securities. It should give returns more than a Bank FD. Sundaram BNP Paribas Global Advantage 16-Jul-07 31-Jul-07 2.75 1.5 within 12 months 5000 No Open Ended Fund of Fund that will primarily invest in mutual fund and exchange-traded funds listed on overseas stock exchange. Why would one invest now in overseas market when indian market itself is at its boom? UTI-India Lifestyle Fund 02-Jul-07 30-Jul-07 0 Variable 5000 No 3 Year close-ended equity oriented scheme with automatic conversion into an Open-ended scheme upon maturity. They are quite late in the party. SBI Short Horizon Fund 19-Jul-07 26-Jul-07 0 0.5% within 6 months 10000 No Open Ended Debt fund with two options of Liquid or Short Term. There are various sub-options like Dividend - daily, weekly, fortnightly or monthly. Typically should give return equivalent to a Fixed Deposit in a bank. Lotus India Growth Fund 09-Jul-07 19-Jul-07 2.25 1% 5000 No Its a new mutual fund group and I would prefer to see its performance results before betting on it. Reliance Equity Advantage Fund 12-Jun-07 10-Jul-07 2.25 1% if exits within 6 months 5000 Yes Open Ended Equity Diversified Fund. Reliance is a good fund house and this NFO should deliver good returns like their previous other funds. Birla Sun Life Capital Protection Oriented Fund 20-Jun-07 06-Jul-07 0 Variable 5000 No 3 year & 5 year Closed Ended Hybrid Debt Fund. It should deliver returns roughly equal to a bank fixed deposit only. Franklin India High Growth Companies Fund 31-May-07 29-Jun-07 2.25 0.5% - first 6 months 5000 Yes Open Ended Equity Diversified MF that will invest in Indian companies/sectors with high growth rates or potential Tata SIP Fund - Scheme II 10-May-07 14-Jun-07 0 Variable 5000 No 3 Years Close Ended Equity Diversifed MF that will invest its fund in SIP form every month SBI Infrastructure Fund 11-May-07 08-Jun-07 0 0 5000 Yes 3 years Close ended fund. SBI Fund house has given very good returns in their other products. Infrastructure sector is on the boom. HDFC Mid-Cap Opportunities 07-May-07 08-Jun-07 0 0% 5000 Yes Overall HDFC is a good fund and have proven track record. This is Mid - Cap to Small Cap fund. Should give good returns over a period of time. AIG India Equity Fund 03-May-07 31-May-07 2.25 1% for within 1 year 5000 Yes Open Ended Equity Scheme by AIG India. Its their maiden fund in india. Good Fund Managers to invest with. DSPML Micro Cap Fund 04-May-07 25-May-07 0 0 - 4% 10000 No 3 year Close Ended Fund will invest in companies that are not in top 300. Traditionally small caps funds has never given good returns, so avoid. Birla Sun Life Long Term Advantage Fund 09-Apr-07 18-May-07 0 Variable if exits within 3 years 5000 No 3 year close ended fund that will convert to open ended. It will invest in small & mid cap companies. JP Morgan India Equity Fund 19-Apr-07 18-May-07 2.25 1 % within 6 months 5000 Yes Open Ended Equity Scheme by JP Morgan. Its their maiden fund in india. Good Fund House to invest in. DWS Capital Protection Oriented 10-Apr-07 03-May-07 0 0 5000 No 3 year close ended fund that will invest in fixed income securities. This is very low risk fund. Do not expect high returns. DSP-ML Strategic Bond Fund 23-Apr-07 03-May-07 0 0 % 5000 No Open Ended Income fund. It should return around the bank fixed deposit return. Does not seem interesting to me. Fidelity International Opportunities 09-Apr-07 30-Apr-07 2.25 1% 5000 No Open ended scheme; fund will do bottom-up stock picking from undervalued companies in Indian and international markets. Does not seem lucrative. Lotus India Arbitrage Fund 10-Apr-07 20-Apr-07 0 2 % 5000 Yes Open Ended Scheme; Fund will utilize arbitrage opportunities emerging out of pricing mismatch between the cash market and the derivatives market. JM Small & Mid-cap Fund 09-Mar-07 07-Apr-07 2.25 1% 5000 No JM's portfolio of MF's have not delivered as compared to other MF groups. OptiMix Multi Manager Equity Fund 07-Mar-07 05-Apr-07 2.5 0% 5000 No Too many investment managers would manage this equity based fund. Overall, this is not a good performing group. ABN AMRO Sustainable Development Fund 05-Mar-07 05-Apr-07 0 Variable 5000 Yes Close Ended-3 years. Will invest in companies that would give a good financial return without compromising on the social good. Experienced in this. JM Equity Tax Saver-Series I 28-Dec-06 29-Mar-07 0 0 500 No Close Ended ELSS - 3 years lock-in. There are many other proven ELSS schemes. DBS Chola Hedged Equity Fund 01-Mar-07 23-Mar-07 2.25 0.5 % 0 No Will Hedge index and derivatives. Returns will be very low even if the market does well, however they will be safer if market tanks. UTI Long Term Advantage Fund 21-Dec-06 20-Mar-07 0 0 500 No Close Ended ELSS - 3 years lock-in & total 10 years fund. There are many other proven ELSS schemes. Lotus India Contra Fund 15-Feb-07 15-Mar-07 2.25 1% - < 6 months, 0.6 % - < 1 year 5000 No Open Ended Contrarian fund; there are many other proven funds in the contraian sector. Better avoid this. Lotus India Mid Cap Fund 15-Feb-07 15-Mar-07 0 Variable 5000 No Close Ended - 3 years; Invest in mid-cap companies. There are major other old funds where you can invest your money for better and proven results. Kotak Emerging Equity Scheme 12-Feb-07 12-Mar-07 0 Variable 5000 No Close Ended - 3 years; Focussing on small cap. Kotak group has underperformed in their previous schemes. Would avoid and get into other groups. Optimix RetireInvest Series I 07-Dec-06 06-Mar-07 0 0 500 No Close Ended ELSS - 3 years lock-in. There are many other proven ELSS schemes. Taurus INFRA-TIPS 05-Feb-07 05-Mar-07 1 2% - 6 months, 1.5% - 6 months to 1 year and so on 1000 Yes Fund will invest in infrastructure sector. Good booming sector. Major investment in equity and a small part in ADR/GDR. StanChart Tax Saver Fund 20-Nov-06 23-Feb-07 0 0 500 No Close Ended ELSS - 3 years lock-in & total 10 years fund. There are many other proven ELSS schemes. HSBC Unique Opportunities 02-Feb-07 22-Feb-07 0 Variable 10000 Yes Closed Ended - 3 years; Good performing group; Dynamic fund & and the fund will be event driven. Principal PNB Long Term Equity Fund 24-Jan-07 21-Feb-07 0 Variable 5000 No 3years Close Ended ELSS scheme from a overall weak group. I believe there are far better opportunities in the ELSS schemes. Tata SIP Fund 15-Jan-07 15-Feb-07 0 Variable 5000 No 3year Close Ended with once a month exit and final conversion option into another fund. Fund will invest into equity SIP wise and keep balance in debt Sundaram BNP Paribas Equity Multiplier Fund 10-Jan-07 31-Jan-07 0 4% to 0% 5000 No Close ended converting to open ended - No Unique Selling Proposition. Total fund size limited to 500 Cr UTI Capital Protection Oriented Scheme- Series I 26-Dec-06 25-Jan-07 0 0 5000 No 3 or 5 year scheme; Close ended with no interim exit option. Rather do Bank FD than enter in this. Kotak Wealth Builder Series I 02-Jan-07 25-Jan-07 0 0 5000 No 3 years Close Ended - Debt Scheme. Prefer Bank FD over this one. Sundaram BNP Paribas Select Small Cap 10-Jan-07 24-Jan-07 0 3% to 0.5% 5000 Yes Sundaram Select MidCap is a superhit and it is on the similar lines. Its a 5 year lock-in with max 10% withdrawal every year. Total fund size - 300Cr