What Is New Fund Offer?
A New Fund Offer (NFO) is the initial sale of a mutual fund’s units to investors. It allows investors to purchase shares at a fixed price before the fund is launched in the market, providing an opportunity for early investment and potential growth.
List Of Upcoming NFO In November 2024
Here’s a table showcasing the stocks with the Upcoming NFO in November 2024:
Scheme Name | Type | Open Date | Close Date |
Motilal Oswal Nifty MidSmall India Consumption Index Fund | Open Ended | 29-Oct-2024 | 06-Nov-2024 |
Motilal Oswal Nifty MidSmall Financial Services Index Fund | Open Ended | 29-Oct-2024 | 06-Nov-2024 |
Motilal Oswal Nifty MidSmall Healthcare Index Fund | Open Ended | 29-Oct-2024 | 06-Nov-2024 |
Motilal Oswal Nifty MidSmall IT and Telecom Index Fund | Open Ended | 29-Oct-2024 | 06-Nov-2024 |
Zerodha Gold ETF FOF | Open Ended | 25-Oct-2024 | 08-Nov-2024 |
Introduction Of Upcoming NFO 2024
Motilal Oswal Nifty MidSmall India Consumption Index Fund
Motilal Oswal Nifty MidSmall India Consumption Index Fund aims to track the performance of the Nifty MidSmall India Consumption Index. This fund focuses on investing in mid and small-cap companies within the consumption sector, providing investors with exposure to a growing market segment.
Motilal Oswal Nifty MidSmall Financial Services Index Fund
Motilal Oswal Nifty MidSmall Financial Services Index Fund seeks to replicate the performance of the Nifty MidSmall Financial Services Index. It primarily invests in mid and small-cap financial service companies, offering investors a diversified approach to capitalizing on the growth of the financial services sector.
Motilal Oswal Nifty MidSmall Healthcare Index Fund
Motilal Oswal Nifty MidSmall Healthcare Index Fund aims to track the Nifty MidSmall Healthcare Index, focusing on mid and small-cap companies in the healthcare sector. This fund provides investors with an opportunity to gain exposure to innovative healthcare firms driving growth in the industry.
Motilal Oswal Nifty MidSmall IT and Telecom Index Fund
Motilal Oswal Nifty MidSmall IT and Telecom Index Fund targets the Nifty MidSmall IT and Telecom Index, investing in mid and small-cap companies within the technology and telecommunications sectors. This fund offers investors a chance to participate in the expanding digital landscape and communication advancements.
Zerodha Gold ETF FOF
Zerodha Gold ETF FOF is a fund of funds that invests in gold exchange-traded funds (ETFs). It provides investors with an easy way to gain exposure to gold, a safe-haven asset, allowing for potential capital appreciation and diversification in their investment portfolios.
Upcoming NFO 2024 List – FAQs
A New Fund Offer (NFO) represents the debut of a new fund by an investment company. During this stage, fund units are offered at an initial price, enabling early investors to buy at a possibly lower cost before public access begins.
NFOs are set by the asset management company introducing the fund, not calculated. Typically, the starting price is fixed at Rs. 10 per unit, which can fluctuate post-launch depending on market conditions and fund performance.
To buy an NFO through Alice Blue, register and log into your account. Go to the mutual funds section, choose the NFO you want, and follow the steps to complete your investment. Alice Blue streamlines transactions for easy investing.
NFOs can be riskier due to limited performance history, higher expenses, and less liquidity. Often, they lack a track record, making it challenging to assess their long-term potential and investment quality accurately.
Yes, money can be withdrawn from an NFO after it becomes open for trading and redemption. However, lock-in periods may apply to certain funds, delaying access until the specified time frame ends.
Yes, you can sell an NFO (New Fund Offer) after it gets listed and becomes available for trading in the market. Typically, you can redeem units once the fund completes its lock-in period, if any.