A New Fund Offer (NFO) is when an asset management company (AMC) launches a new mutual fund scheme and invites investors to purchase units before it's available for trading.
During an NFO, investors can buy units at a fixed price, often ₹10 each. The NFO period is typically 10–15 days, and units are distributed on a first-come, first-served basis
Before investing in an NFO
NFO CORNER
During an NFO, investors can buy units at a fixed price, often ₹10 each. The NFO period is typically 10–15 days, and units are distributed on a first-come, first-served basis
Before investing in an NFO
- Research the fund
- Understand the fund's investment goals
- Assess the fund manager's expertise
NFO CORNER