What is NFO in Mutual Fund? A Complete Overview
A New Fund Offer (NFO) is the initial subscription phase for a new mutual fund scheme launched by an asset management company (AMC). During the NFO period, which typically lasts between 15 to 30 days, investors can buy units of the fund at a fixed price, usually Rs. 10 per unit. What is NFO in mutual fund? It is an opportunity for investors to explore new investment strategies, diversify portfolios, and potentially benefit from emerging… Read More »What is NFO in Mutual Fund? A Complete Overview