NFO: New Fund Offer of Mutual Funds

NFO or New Fund Offer is very much unknown to many people. People who are interested in mutual funds should know about NFOs. This post discusses NFOs in detail. NFO or New Fund offer is a scheme of fund houses or investment companies. When an investment company or a fund house set to release a new mutual fund, it first offers this mutual fund for subscription by the general public at a discounted price before listing.