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new fund offer .. it is the time when company seeks initial public offer ( IPO)

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13y ago

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

NFO stands for New Fund Offer.


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NFO has several meanings but NFO usually stands for Naval Flight Officer. An NFO is a designated commissioned officer in the Marine corps or Navy that specialises in airborne weapons.


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.


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