News From Press You May Not Benefit Much By Investing In NFOs Of Mutual Funds, Here’s Why

You May Not Benefit Much By Investing In NFOs Of Mutual Funds, Here’s Why

Source: Outlook May 2, 2023

Some investors feel that investing in new fund offer (NFO) is a good idea as they are buying a newly launched mutual fund unit at its face value of Rs. 10. In reality though, such investors have confused mutual fund units with stocks.

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