fincash logo SOLUTIONS
EXPLORE FUNDS
CALCULATORS
LOG IN
SIGN UP

Fincash » Mutual Fund » New Mutual Fund Scheme Names

Prominent Fund Houses Schemes got New Names. Did you know?

Updated on April 11, 2024 , 1502 views

Securities and Exchange Board of India (SEBI) introduced new and broad categories in Mutual Funds in order to bring uniformity in similar schemes launched by the different Mutual Funds. This is to aim and ensure that investors can find it easier to compare the products and evaluate the different options available before Investing in a scheme.

SEBI intends to make Mutual Fund investment easier for the investors. Investors could invest according to their needs, Financial goals and risk ability. SEBI has circulated new Mutual Fund categorisation on 6th October 2017. This mandates Mutual Fund Houses to categorise all their schemes (existing & future scheme) into 5 broad categories and 36 sub-categories.

MFhouses

1. Equity Schemes (10 categories)

2. Debt Schemes (16 categories)

  • Overnight fund
  • Liquid Fund
  • Ultra short duration fund
  • Low duration fund
  • money market fund
  • Short duration fund
  • Medium duration fund
  • Medium to long duration fund
  • Long duration fund
  • Dynamic bond fund
  • Corporate bond fund
  • Credit risk fund
  • Banking and PSU fund
  • Gilt fund
  • Gilt fund with 10-year constant duration
  • Floater fund

3. Hybrid Schemes (6 categories)

  • Conservative hybrid fund
  • Balanced hybrid fund and Aggressive hybrid fund
  • Dynamic Asset Allocation or Balanced advantage fund
  • Multi asset allocation
  • Arbitrage fund
  • Equity savings

4. Solution Oriented Schemes (2 categories)

5. Other Schemes (2 categories)

  • Index fund/ETF
  • FOFs (Overseas domestic)

Mutual fund houses are making changes in the schemes to comply with SEBI's new re-categorisation norms. Here is a list of some of the top fund houses that have changed their existing mutual fund schemes to a new name.

SBI Mutual Fund

Existing Scheme Name New Scheme Name
SBI Corporate Bond Fund SBI Credit Risk Fund
SBI Emerging Businesses Fund SBI Focused Equity Fund
SBI FMCG Fund SBI Consumption Opportunities Fund
SBI IT Fund SBI Technology Opportunities Fund
SBI Magnum Balanced Fund SBI Equity Hybrid Fund
SBI Magnum Equity Fund SBI Magnum Equity ESG Fund
SBI Magnum Gilt Fund - Long term plan SBI Magnum Gilt Fund
SBI Magnum Gilt Fund - Long Term Growth - PF Fixed 2 Years SBI Magnum Gilt Fund - PF Fixed 2 Years
SBI Magnum Gilt Fund - Long Term Growth - PF Fixed 3 Years SBI Magnum Gilt Fund - PF Fixed 3 Years
SBI Magnum Gilt Fund Short Term SBI Magnum Constant Maturity Fund
SBI Magnum InstaCash Fund - Liquid Floater Plan SBI Overnight Fund
SBI Magnum InstaCash Fund SBI Magnum Ultra Short Duration Fund
SBI Magnum Monthly Income Plan Floater SBI Multi Asset Allocation Fund
SBI Magnum Monthly Income Plan SBI Debt Hybrid Fund
SBI Magnum Multiplier Fund SBI Large and Midcap Fund
SBI Pharma Fund SBI Healthcare Opportunities Fund
SBI - Premier Liquid Fund SBI Liquid Fund
SBI Regular Savings Fund SBI Magnum Medium Duration Fund
SBI Small & Midcap Fund SBI Small Cap Fund
SBI Treasury Advantage Fund SBI Banking and PSU Fund
SBI-Short Horizon Fund - Ultra Short Term SBI Magnum Low Duration Fund

Ready to Invest?
Talk to our investment specialist
Disclaimer:
By submitting this form I authorize Fincash.com to call/SMS/email me about its products and I accept the terms of Privacy Policy and Terms & Conditions.

HDFC Mutual Fund

Existing Scheme Name New Scheme Name
HDFC Cash Management Fund - Treasury Advantage Plan HDFC Low Duration Fund
HDFC Corporate Debt Opportunities Fund HDFC Credit Risk Debt fund
HDFC Floating Rate Income Fund - Short Term Plan HDFC Floating Rate Debt Fund - Retail Plan
HDFC Gilt Fund - Long Term Plan HDFC Gilt Fund
HDFC High Interest Fund - Dynamic Plan HDFC Dynamic Debt Fund
HDFC High Interest Fund - Short Term Plan HDFC Medium Term Debt Fund
HDFC Medium Term Opportunities Fund HDFC Corporate Bond Fund
HDFC Short Term Opportunities Fund HDFC Short Term Debt Fund
HDFC Capital Builder Fund HDFC Capital Builder Value Fund
HDFC Cash Management Fund - Call Plan HDFC Overnight Fund
HDFC Cash Management Fund - Savings Plan HDFC Money Market Fund
HDFC Core & Satellite Fund HDFC Focused 30 Fund
HDFC Growth Fund HDFC Balanced Advantage Fund
HDFC Index Fund- Nifty Plan HDFC Index Fund - NIFTY 50 Plan
HDFC Large Cap Fund HDFC Growth Opportunities Fund
hdfc mf Monthly Income Plan - LTP HDFC Hybrid Debt Fund
HDFC Multiple Yield Fund - Plan 2005 HDFC Multi-Asset Fund
HDFC Premier Multi-Cap Fund HDFC Hybrid Equity Fund
HDFC Top 200 HDFC Top 100 Fund
HDFC Index Fund – SENSEX Plus Plan HDFC Index Fund-SENSEX Plan

Reliance Mutual Fund

Existing Scheme Name New Scheme Name
Reliance Arbitrage Advantage Fund Reliance Arbitrage Fund
Reliance Corporate Bond Fund Reliance Classic Bond Fund
Reliance Diversified Power Sector Fund Reliance Power and Infra Fund
Reliance Equity Opportunities Fund Reliance Multi Cap Fund
Reliance Floating Rate Fund - Short Term Plan Reliance Floating Rate Fund
Reliance Liquid Fund - Cash Plan Reliance Ultra Short Duration Fund
Reliance Liquid Fund - Treasury Plan Reliance Liquid Fund
Reliance Liquidity Fund Reliance Money Market Fund
Reliance Media & Entertainment Fund Reliance Consumption Fund
Reliance Medium Term Fund Reliance Prime Debt Fund
Reliance Mid & Small Cap Fund Reliance Focused Equity Fund
Reliance Monthly Income Plan Reliance Hybrid Bond Fund
Reliance Money Manager Fund Reliance Low Duration Fund
Reliance NRI Equity Fund Reliance Balanced Advantage Fund
Reliance Quant Plus Fund Reliance Quant Fund
Reliance Regular Savings Fund - Balanced Plan Reliance Equity Hybrid Fund
Reliance Regular Savings Fund - Debt Plan Reliance Credit Risk Fund
Reliance Regular Savings Fund - Equity Plan Reliance Value Fund
Reliance Top 200 Fund Reliance Large Cap Fund

ICICI Prudential Mutual Fund

Existing Scheme Name New Scheme Name
ICICI Prudential Balanced Fund ICICI Prudential Equity and Debt Fund
ICICI Prudential Advisor Series - Cautious Plan ICICI Prudential Advisor Series - Hybrid Fund
ICICI Prudential Advisor Series - Dynamic Accrual Plan ICICI Prudential Advisor Series - Debt Management Fund
ICICI Prudential Advisor Series - Long Term Savings ICICI Prudential Advisor Series - Passive Strategy Fund
ICICI Prudential Moderate ICICI Prudential Advisor Series - Conservative Fund
ICICI Prudential Very Aggressive ICICI Prudential Advisor Series - Thematic Fund
ICICI Prudential Corporate Bond Fund ICICI Prudential Medium Term Bond Fund
ICICI Prudential Equity Income Fund Cumulative ICICI Prudential Equity Savings Fund
ICICI Prudential Focused Bluechip Equity Fund ICICI Prudential Bluechip Fund
ICICI Prudential Income Opportunities Fund ICICI Prudential Bond Fund
ICICI Prudential Income ICICI Prudential Long Term Bond Fund
ICICI Prudential Liquid Plan ICICI Prudential Liquid Fund
ICICI Prudential Dynamic Plan ICICI Prudential Multi-Asset Fund
ICICI Prudential Long Term Gilt Fund ICICI Prudential Gilt Fund
ICICI Prudential Indo Asia Equity Fund ICICI Prudential Smallcap Fund
ICICI Prudential Short Term Plan ICICI Prudential Short Term Fund
ICICI Prudential Flexible Income ICICI Prudential Savings Fund
ICICI Prudential Nifty 100 iWIN ETF ICICI Prudential Nifty 100 ETF
ICICI Prudential Nifty Index Fund ICICI Prudential Nifty Index Plan
ICICI Prudential Nifty iWIN ETF ICICI Prudential Nifty ETF
ICICI Prudential Regular Income Fund ICICI Prudential Ultra Short Term fund
ICICI Prudential Savings Fund ICICI Prudential Floating Interest Fund
ICICI Prudential Select Large Cap Fund ICICI Prudential Focused Equity Fund
ICICI Prudential Top 100 Fund ICICI Prudential Large & Mid Cap Fund
ICICI Prudential Ultra Short Term ICICI Prudential Corporate Bond Fund

DSP BlackRock Mutual Fund

Existing Scheme Name New Scheme Name
DSP BlackRock Balanced Fund DSP BlackRock Equity and Bond Fund
DSP BlackRock Constant Maturity 10Y G-Sec Fund DSP BlackRock 10Y G-Sec Fund
DSP BlackRock Focus 25 Fund DSP BlackRock Focus Fund
DSP BlackRock Income Opportunities Fund DSP BlackRock Credit Risk Fund
DSP BlackRock Micro Cap Fund DSP BlackRock Small Cap Fund
DSP BlackRock MIP Fund DSP BlackRock Regular Savings Fund
DSP BlackRock Opportunities Fund DSP BlackRock Equity Opportunities Fund
DSP BlackRock Small and Mid Cap Fund DSP BlackRock Midcap Fund
DSP BlackRock Treasury Bill Fund DSP BlackRock Savings Fund
DSP BlackRock Ultra Short Term Fund DSP BlackRock Low Duration Fund

Aditya Birla Sun Life Mutual Fund

Existing Scheme Name New Scheme Name
Aditya Birla Sun Life Enhanced Arbitrage Fund Aditya Birla Sun Life Arbitrage Fund
Aditya Birla Sun Life MIP II - Wealth 25 Plan Aditya Birla Sun Life Regular Savings Fund
Aditya Birla Sun Life Cash Plus Aditya Birla Sun Life Liquid Fund
Aditya Birla Sun Life Small & Midcap Fund Aditya Birla Sun Life Small Cap Fund
Aditya Birla Sun Life Top 100 Fund Aditya Birla Sun Life Focused Equity Fund
Aditya Birla Sun Life Advantage Fund Aditya Birla Sun Life Equity Advantage Fund
Aditya Birla Sun Life Balanced '95 Fund Aditya Birla Sun Life Equity Hybrid '95 Fund
Aditya Birla Sun Life Cash Manager Aditya Birla Sun Life Low Duration Fund
Aditya Birla Sun Life Corporate Bond Fund Aditya Birla Sun Life Credit Risk Fund
Aditya Birla Sun Life Dividend Yield Plus Aditya Birla Sun Life Dividend Yield Fund
Aditya Birla Sun Life Floating Rate Fund - Short Term Aditya Birla Sun Life Money Manager Fund
Aditya Birla Sun Life Gilt Plus Fund - PF Plan Aditya Birla Sun Life Government Securities Fund
Aditya Birla Sun Life Income Plus Aditya Birla Sun Life Income Fund
Aditya Birla Sun Life New Millennium Fund Aditya Birla Sun Life Digital India Fund
Aditya Birla Sun Life Short Term Fund Aditya Birla Sun Life Corporate Bond Fund
Aditya Birla Sun Life Treasury Optimizer Fund Aditya Birla Sun Life Banking & PSU Debt Fund

UTI Mutual Fund

Existing Scheme Name New Scheme Name
UTI Balanced Fund UTI Hybrid Equity Fund
UTI Banking Sector Fund UTI Banking and Financial Services Fund
UTI - Bond Fund UTI Bond Fund
UTI CCP Advantage Fund UTI Children's Career Fund - Investment plan
UTI Children'S Career Balanced Plan UTI Children's Career Fund - Savings Plan
UTI - Dividend Yield Fund UTI Dividend Yield Fund
UTI - Floating Rate Fund - Short Term Plan UTI Ultra Short Term Fund
UTI Gilt Advantage Fund- LTP UTI Gilt Fund
UTI G-Sec Fund - Short Term Plan UTI Overnight Fund
UTI Income Opportunities Fund UTI Credit Risk Fund
UTI Long Term Equity Fund (Tax Saving) UTI Long Term Equity Fund
UTI MIS Advantage Plan UTI Regular Savings Fund
UTI - MNC Fund UTI MNC Fund
UTI Opportunities Fund UTI Value Opportunities Fund
UTI Pharma & Healthcare Fund UTI Healthcare Fund
UTI SPREAD Fund UTI Arbitrage Fund
UTI Top 100 Fund UTI Core Equity Fund
UTI Wealth Builder Fund UTI Multi Asset Fund

Sundaram Mutual Fund

Existing Scheme Name New Scheme Name
Sundaram Balanced Fund Sundaram Equity Hybrid Fund
Sundaram Bond Saver Fund Sundaram Medium Term Bond Fund
Sundaram Equity Multiplier Fund Sundaram Large and Mid Cap Fund
Sundaram Equity Plus Fund Sundaram Multi Asset Fund
Sundaram Flexible Fund-Flexible Income Plan Sundaram Corporate Bond Fund
Sundaram Income Plus Fund Sundaram Short Term Credit Risk Fund
Sundaram Monthly Income Plan - Aggressive Fund Sundaram Debt Oriented Hybrid Fund
Sundaram Rural India Fund Sundaram Rural and Consumption Fund
Sundaram Select Debt Short Term Asset Fund Sundaram Short Term Debt Fund
Sundaram Select Midcap Fund Sundaram Mid Cap Fund
Sundaram SMILE Fund Sundaram Small Cap Fund
Sundaram Ultra Short Term Fund Sundaram Low Duration Fund

Kotak Mutual Fund

Existing Scheme Name New Scheme Name
Kotak 50 Fund Kotak Bluechip Fund
Kotak Bond Regular Plan Growth Kotak Bond Fund
Kotak Income Opportunities Fund Kotak Credit Risk Fund
Kotak Monthly Income Plan Kotak Debt Hybrid Fund
Kotak Flexi Debt Scheme Kotak Dynamic Bond Fund
Kotak Balance Fund Kotak Equity Hybrid Fund
Kotak Opportunities Scheme Kotak Equity Opportunities Fund
Kotak Classic Equity Fund Kotak India EQ Contra Fund
Kotak Floater Short Term Fund Kotak Money Market Scheme
Kotak Treasury Advantage Fund Kotak Savings Fund
Kotak Midcap Scheme Kotak Small Cap Fund
Kotak Select Focus Fund Kotak Standard Multicap Fund

Franklin Templeton Mutual Fund

Existing Scheme Name New Scheme Name
Franklin India Balanced Fund Franklin India Equity Hybrid Fund
Franklin India Flexi Cap Fund Franklin India Equity Advantage Fund
Franklin India High Growth Companies Fund Franklin India Focused Equity Fund
Franklin India Monthly Income Plan Franklin India Debt Hybrid Fund
Templeton India Growth Fund Templeton India Value Fund
Franklin India Prima Plus Franklin India Equity Fund
Franklin India Treasury Management Account Franklin India Liquid
Franklin India savings plus Fund Franklin India Savings Fund
Franklin India Corporate Bond Opportunities Fund Franklin India Credit Risk Fund
Franklin India Income Builder Account Franklin India Corporate Debt Fund
Franklin India Government Securities Fund – Long Term Franklin India Government Securities Fund

DHFL Pramerica Mutual Fund

Existing Scheme Name New Scheme Name
DHFL Pramerica Insta Cash Plus Fund DHFL Pramerica Insta Cash Fund
DHFL Pramerica Top Euroland Offshore Fund DHFL Pramerica Euro Equity Fund
DHFL Pramerica Short Term Floating Rate Fund DHFL Pramerica Floating Rate Fund
DHFL Pramerica Income Advantage Fund DHFL Pramerica Hybrid Debt Fund
DHFL Pramerica Balanced Advantage Fund DHFL Pramerica Hybrid Equity Fund
DHFL Pramerica Medium Term Income Fund DHFL Pramerica Medium Term Fund
DHFL Pramerica Inflation Indexed Bond Fund DHFL Pramerica Strategic Debt Fund
DHFL Pramerica Credit Opportunities Fund DHFL Pramerica Credit Risk Fund
DHFL Pramerica Equity Income Fund DHFL Pramerica Equity Savings Fund

*Note-The list will be updated as and when we get an insight about the changes in the scheme names.

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
How helpful was this page ?
Rated 5, based on 1 reviews.
POST A COMMENT