New Fund Offers-NFO

What is NFO?
How does it works?
Is it advisable to invest in NFO for the beginners?

An NFO is the first time when a fund is offered for subscription by an AMC. The fund house aims to raise money to purchase the underlying securities through NFO. You can check more on this link and below post

Thank you @Sowjanya_Nr

For beginners, I would suggest to invest in existing fund with enough track record, rather than going for NFO.
Most NFO these days are replica of some existing funds or some “hot theme” and AMCs push them to garner more AUM.
Unlike IPO of shares, there is no specific advantage of investing in most NFOs.

Thank you @Akash_Shah. Much Appreciated.