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Category: New Fund Offers(NFO)

New Fund Offer is an invitation to the public by an investment company to subscribe to its newly launched fund. It is generally done to finance its purchase of mutual fund units.

Like an IPO (Initial Public Offer) of a company, an NFO is announced by an AMC (Asset Management Company) to raise capital for launching their new mutual fund scheme. NFO provides all the information about the fund scheme like the shares to be purchased, fund manager details, the benchmark to which the fund will be marked, etc.

In this category, you can get information on all the upcoming mutual fund NFOs