What is NFO in Mutual fund?

What is NFO in mutual fund

In mutual funds, one term that often surfaces is NFO, short for New Fund Offer. NFO marks the launch of a new mutual fund scheme by an asset management company (AMC). It represents an opportunity for investors to participate in a new investment avenue.

What are mutual fund

Mutual fund

A mutual fund is a fund in which there are many investors, be it me, you, or anyone else, fund managers aim to invest your money and this amount can be invested either in the stock market, in bonds, or gold.