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
The Following Table has the list of Upcoming NFOs as of 20-12-2024
| Scheme Name | Type | Open Date | Close Date |
| Edelweiss BSE Capital Markets & Insurance ETF | Open-Ended | 10-Dec-2024 | 24-Dec-2024 |
| Mirae Asset Nifty India New Age Consumption ETF Fund of Fund | Open-Ended | 12-Dec-2024 | 26-Dec-2024 |
Introduction Of Upcoming NFO 2024
Mirae Asset Nifty India New Age Consumption ETF Fund of Fund
Designed for long-term capital appreciation, this open-ended fund invests in units of the Mirae Asset Nifty India New Age Consumption ETF. It provides Growth and IDCW options in both Direct and Regular plans, with no return guarantees.
Edelweiss BSE Capital Markets & Insurance ETF
An open-ended fund aiming to match the performance of the BSE Capital Markets & Insurance Total Return Index, it is available in a Growth option under the Regular plan, with possible tracking errors.
New Fund Offering Mutual Funds List – FAQs
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.
How Does NFO Work?
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.
How To Check NFO Status?
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.
What Are The Risks Of NFO?
The risks of investing in a New Fund Offer (NFO) primarily inNFO This Week: Complete List of Upcoming NFOs in 2024clude 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.
How Do You Calculate NFO?
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.
