The launch of a new scheme is known as a New Fund Offer. NFOs are typically available for both close and open ended mutual funds. Simply put, closed ended mutual funds schemes are those which can be redeemed only on maturity and bought only at the time of the NFO. Whereas, the Open ended mutual funds are those schemes where you can buy or redeem your mutual fund units on all market-days.
Get the first mover advantage by investing in ongoing or upcoming new fund offers (NFO) as listed below.