Search For "thematic funds"
Understanding NFO: Exploring New Fund Offers in Mutual Fund Investing
Updated : 6 months, 1 week ago IST
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
Read More