What Is New Fund Offer?
A New Fund Offer (NFO) is the initial offering of units of a mutual fund scheme to the public for subscription. It allows investors to buy units at the scheme’s face value. NFOs are launched by asset management companies to raise capital and diversify their fund offerings.
List Of Upcoming NFO This Week
Following Table has the list of Ongoing or Upcoming NFO as of 10-08-24:
| Name | Type | Open Date | Close Date |
| Bajaj Finserv Large Cap Fund | Open Ended | 29-Jul-2024 | 12-Aug-2024 |
| SBI Innovative Opportunities Fund | Open Ended | 29-Jul-2024 | 12-Aug-2024 |
| ICICI Prudential Nifty Metal ETF | Open Ended | 01-Aug-2024 | 12-Aug-2024 |
Introduction Of Upcoming NFO 2024
Bajaj Finserv Large Cap Fund
Bajaj Finserv Large Cap Fund aims to provide long-term capital appreciation and income by investing primarily in equity and equity-related instruments of large-cap companies. It’s an open-ended fund with growth and IDCW options, available through direct and regular plans.
SBI Innovative Opportunities Fund
SBI Innovative Opportunities Fund aims for long-term capital appreciation by investing in equity and related instruments of companies benefiting from innovative strategies and themes. This open-ended fund offers growth and IDCW options, available through both direct and regular plans.
ICICI Prudential Nifty Metal ETF
ICICI Prudential Nifty Metal ETF is an open-ended fund designed to track the total return of the Nifty Metal Index, aiming to provide returns before expenses that closely match the index performance. It offers a growth investment option and is available through regular plans.
New Fund Offering Mutual Funds List – FAQs
A New Fund Offer (NFO) is the initial offering of units of a mutual fund scheme to the public for subscription. It allows investors to buy units at the scheme’s face value. NFOs are launched by asset management companies to raise capital and diversify their fund offerings.
In a New Fund Offer (NFO), mutual fund companies launch a new fund. Investors can invest in this new fund during a specified period. Units are offered at an initial price, typically ₹10 per unit. After the NFO, the fund manager invests the collected amount in various assets, providing potential benefits to investors. This fund offers new opportunities in the market.
To check NFO status, visit the official website of the asset management company (AMC) offering the fund. Look for the NFO section or announcements. Alternatively, check financial news websites, investment platforms, or contact your financial advisor for the latest updates and details.
The risks of investing in a New Fund Offer (NFO) primarily include uncertainty, as there is no past performance to gauge future prospects. Additionally, market volatility can affect the value of the fund’s invested assets. Some NFOs have lock-in periods, making it difficult to sell units early, and initial launch expenses may be higher.
To calculate a New Fund Offer (NFO), divide the total invested amount by the total number of fund units. This is typically at the initial price (usually ₹10 per unit). The fund manager invests the received amount in various assets. The performance of the NFO is monitored through its Net Asset Value (NAV), which is updated daily.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
