New Fund Offer (NFO)

Recently, India’s market regulator, the Securities and Exchange Board of India (SEBI) has intensified scrutiny of New Fund Offers (NFOs) to check portfolio overlap with existing mutual fund schemes.

  • A new fund offer (NFO) is a mutual fund scheme made available for investment for the first time by a mutual fund house or Asset Management Company (AMC).
  • The aim of launching an NFO is to raise capital from the public to purchase securities (stocks or debt instruments) and pay for administrative tasks.
  • In other words, an NFO is a first-time opening of a subscription offer of a mutual fund scheme.
  • An NFO usually lasts ....
Do You Want to Read More?
Subscribe Now

To get access to detailed content

Already a Member? Login here


Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.

Related Content

Economy Watch