🚀
New Fund Launch
An NFO is the first-time sale of units of a new mutual fund scheme by an AMC. Units are offered at ₹10 per unit during the subscription window.
📅
Subscription Window
NFOs are open for 15–30 days typically. After closing, the fund begins investing and NAV is published daily like any other fund.
⚠️
No Track Record
Unlike existing funds, NFOs have no performance history. Evaluate the theme, fund house reputation, and expense ratio before investing.
💡
When to Consider
NFOs make sense when they offer a unique theme or strategy not available in existing funds. Avoid NFOs that duplicate existing well-performing funds.