NFO Meaning

NFO or New Fund Offer is a first-time subscription for a new mutual fund, allowing investors to buy units at a fixed price before public trading, crucial for raising initial capital.

Mutual Fund Meaning

Mutual funds pool money from investors to invest in stocks, bonds & assets. Managed by professionals, it offers diversification & caters to various financial goals and risk levels.

Difference Between NFO And Mutual Fund

Definition

NFO (New Fund Offer) refers to the initial offering of a new fund, whereas a mutual fund is an established investment fund that has been operational for some time.

Difference Between NFO And Mutual Fund

Purpose

NFO (New Fund Offer) aims to raise capital for the new fund, while a mutual fund pools investments for ongoing asset management.

Difference Between NFO And Mutual Fund

Investment Period

NFO is available only during the initial offering period, whereas a mutual fund is available for investment at any time.

Difference Between NFO And Mutual Fund

Price

The price of an NFO is fixed during the offer period, whereas the price of a mutual fund varies based on market value

Difference Between NFO And Mutual Fund

Track Record

An NFO does not have a track record since it is a new launch, whereas a mutual fund has historical performance data available for assessment.

Difference Between NFO And Mutual Fund

Investor Knowledge

Investors typically have less information about an NFO's potential, whereas they have more information about a mutual fund based on its past performance.

Difference Between NFO And Mutual Fund

Risk

NFOs carry higher risk due to the lack of history, while mutual funds can have their risk assessed based on historical performance data.