If you are a mutual fund investor, one of the ways to invest is through New Fund Offers or NFOs. When a mutual fund comes up with a new fund or series of a scheme for subscription, it is termed as New Fund Offer or NFO.
Currently, there are 10 New Fund Offers open for subscription. Before The NFOs are catagorised into income scheme, growth scheme and ELSS schemes. You can also take tax benefit by investing in ELSS NFO.
