New Fund Offer (NFO)
An NFO or a New Fund Offer is a new opportunity for investors to invest. An NFO could be the offer for a new mutual fund scheme that is being launched by the company, and alternately, the NFO could also be the launch of additional units of existing close-ended funds, that are available for investing.
Yes. Any category / type of investor can invest in NFOs, so long as the basic eligibility requirements like possessing the appropriate documents, account details and completing the KYC process are taken care of.
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