“Hello, friend, I invested for the first time in a new fund of a particular fund house because it has some special features. Is it good to invest? I advised them to wait or look for any old funds. The investor replied, “It’s a chance to invest in funds at a cheap price!” Investors often get excited when a new fund offer (NFO) is launched at Rs 10 per unit. The low price gives a feeling of entering early or catching something “cheap.” But do funds really come with a low price or cheap valuation? In today’s explainer , we break down what it actually means and whether NFOs are suitable for experienced investors or first-timers. According to a financial planner, this assumption is misleading.

What is NFO and IPO? A new fund offer (NFO) is a new mutual fund scheme introduced by an ass

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