New Fund Offers-NFO

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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

NFO and Mutual fund and IPO

The investment made in NFO can expose you to benefits like liquidity, diversifying your portfolio by investing in new strategies, unique investment objectives, etc. To point a few out Once the NFO window of open-ended mutual fund scheme closes, any purchase of units can be made at the NAV (net asset value) of that particular scheme. Here new fund offering can help investors purchase units at comparatively nominal cost before the NAV of the fund is determined. NFOs offer new and unique inve…