There are number of new fund offers(NFO) open for subscription to investors after the regulator came out with norms on categorisation and rationalisation of mutual fund schemes. Fund houses are now bringing out NFOs in categories where they do not have any product to fill gaps in their product portfolios
What is a new fund offer?
New fund offers (NFO) are first time subscription offers for a new scheme launched by a fund house. The fund house could launch NFOs to c ..