NEW FUND OFFER Invest Now
- WHAT IS NEW FUND OFFER (NFO)?
- WHAT ARE TYPES OF NFO?
- OPEN AN ACCOUNT AND SUBSCIBE TO NFO
- SAFETY, LIQUIDITY RETURNS
- REGULATORY OVERSIGHT
- JUST FOR INFORMATION
WHAT IS NEW FUND OFFER (NFO)?
New fund offer is a new scheme launched by Mutual funds with a different investment objective. This is a fund that is first time open to investment and unlike an ongoing fund all investors are new in the fund.Mutual funds come up with NFO when they see appetite for a new sector or new investment objective .For example the fund house decide to come up with NFO of targeted to invest only in newly listed start ups .or say investments only in export oriented companies etc.
WHAT ARE TYPES OF NFO?
NFO can be open ended or close ended. Close ended funds are for a fixed period of 3,5,or 7 years . When you buy these funds, you can exit when the period gets over or exit thru stock exchange platform . open ended funds are just like any other open ended scheme where entry ,exit are based on NAV.
Open ended funds are perpetual funds and investors can buy and sell them from the mutual fund itself on the stock exchange platforms through their brokers. The NAV is the price at which funds can be bought are given for redemption to the MF
OPEN AN ACCOUNT AND SUBSCIBE TO NFO Open account
SAFETY, LIQUIDITY RETURNS
Same as normal mutual fund investment.
REGULATORY OVERSIGHT
The NFO are subject to SEBI prescribed MF regulations
JUST FOR INFORMATION
NFO can be open ended or close ended. Close ended funds are for a fixed period of 3,5,or 7 years . When you buy these funds, you can exit when the period gets over or exit thru stock exchange platform . open ended funds are just like any other open ended scheme where entry ,exit are based on NAV.
Open ended funds are perpetual funds and investors can buy and sell them from the mutual fund itself on the stock exchange platforms through their brokers. The NAV is the price at which funds can be bought are given for redemption to the MF