The season of New Fund Offers (NFOs) is live from August 16th, 2022, and will end on August 30th, 2022, for a subscription.
Investors have four new fund offers available to invest in.
Let’s look at them one by one. Before moving ahead, we must know what a New Fund Offer is and how one can benefit after investing in it.
What is a New Fund Offer (NFO)
The first-time subscription offer for a mutual fund scheme is called a “New Fund Offer” (NFO).An offer of a new fund is launched in the market to provide one more avenue for investment from the general public investing in financial securities. The Asset management company (AMC) launched NFOs based on a theme targeted to meet specific investment objectives.
Benefits of investing in a New Fund Offer (NFO)
- Entry at face value as against NAV-based investment
- Focus on a different theme
- Great flexibility
Detailed Information about the NFOs
- Tata Housing Opportunities’ fund (Details in the image)
2. WhiteOak Capital Mid cap Fund
3. Sundaram Flexi Cap Fund
4. Franklin India Balanced Advantage Fund
Disclaimer: Investors should invest as per their risk appetite and only after proper research.
Mutual fund investments are subject to market risks and hence investors should read all scheme related documents before investing.
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