New Delhi [India], November 17: When a mutual fund house introduces a new scheme to the market, it does so through what is called a New Fund Offer (NFO). This is the phase when investors may subscribe to a fund at its initial offer price, generally Rs. 10 per unit for equity and hybrid funds
Paytm Money, a wholly-owned subsidiary of One97 Communications Limited (OCL) and a wealth-tech platform, has partnered with JioBlackRock Asset Management to offer easy access to its five Index Fund New Fund Offers (NFOs), directly through the Paytm Money app.
New Delhi [India], May 20: As 2025 begins, Indian investors are looking for smart ways to grow wealth while optimising tax benefits. One emerging trend is investing in New Fund Offers (NFOs) within Unit Linked Insurance Plans (ULIPs). These NFOs offer a mix of market growth, insurance cover,
New Delhi [India], February 14: Union Mutual Fund has announced the launch of two New Fund Offers (NFOs)--Union Gold ETF and Union Gold ETF Fund of Fund (FoF)--providing investors with an opportunity to add gold exposure to their portfolios in a structured and convenient manner.