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What is NFO in mutual fund?

Updated: 9/14/2023
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Shabutly

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13y ago

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NFO mutual fund is a fund which has come out for subscription for the first time.

Most of the people think investing in NFO means higher returns but unfortunately the reality is far from this.

By investing in a new fund offer you are at risk as you have no idea of how the fund will perform. Also if the fund is being launched by a new AMC, risk is even higher as there is no track record of the performance of the AMC as well.

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Q: What is NFO in mutual fund?
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Related questions

Difference between NFO and mutual fund?

NFO is the first stage in the life of a mutual fund. A mutual fund becomes an active fund only after the New Fund Offering (NFO) is complete. An NFO is an option where people invest in the fund house for the first time. Once the fund house gets established, then there is no NFO, any investor can contact the fund house and buy the fund.


What do you mean by NFO in terms of stock market?

NFO stands for New Fund Offer.


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After closing of the NFO of an open ended MF when the on going sale or repurchase starts?

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How many AMC in India?

As of may 2009 there are 38 asset management companies operating in india: 1 AIG Global Investment Group Mutual Fund 2 Baroda Pioneer Mutual Fund 3 Benchmark Mutual Fund 4 Bharti AXA Mutual Fund 5 Birla Sun Life Mutual Fund 6 Canara Robeco Mutual Fund 7 DBS Chola Mutual Fund 8 Deutsche Mutual Fund 9 DSP BlackRock Mutual Fund 10 Edelweiss Mutual Fund 11 Escorts Mutual Fund 12 Fidelity Mutual Fund 13 Fortis Mutual Fund 14 Franklin Templeton Mutual Fund 15 Goldman Sachs Mutual Fund 16 HDFC Mutual Fund 17 HSBC Mutual Fund 18 ICICI Prudential Mutual Fund 19 IDFC Mutual Fund 20 ING Mutual Fund 21 JM Financial Mutual Fund 22 JPMorgan Mutual Fund 23 Kotak Mahindra Mutual Fund 24 LIC Mutual Fund 25 Mirae Asset Mutual Fund 26 Morgan Stanley Mutual Fund 27 PRINCIPAL Mutual Fund 28 Quantum Mutual Fund 29 Reliance Mutual Fund 30 Religare AEGON Mutual Fund 31 Religare Mutual Fund 32 Sahara Mutual Fund 33 SBI Mutual Fund 34 Shinsei Mutual Fund 35 Sundaram BNP Paribas Mutual Fund 36 Tata Mutual Fund 37 Taurus Mutual Fund 38 UTI Mutual Fund


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A mutual fund is a corporation


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A stakeholder of a mutual fund is someone who has interest in it.


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When you own a mutual fund what exactly do you own?

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