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Nifty 5024,206.91.02%H 24,228.45 · L 24,120.35|Sensex77,569.391.08%H 77,642.23 · L 77,320.56|Bank Nifty58,045.91.39%H 58,251.95 · L 57,576.7|USD / INR₹95.370.01%H ₹95.37 · L ₹95.37|Gold Intl (10g)₹1,25,389.770.59%H ₹1,26,070.47 · L ₹1,25,359.11|Silver Intl (1kg)₹1,81,412.581.66%H ₹1,83,344.29 · L ₹1,81,059.96|Crude WTI₹7,060.243.67%H ₹7,076.45 · L ₹6,979.18|Bitcoin$63,8810.66%H $64,090.86 · L $63,671.14|Ethereum$1,810.90.65%H $1,816.76 · L $1,805.04|Nifty 5024,206.91.02%H 24,228.45 · L 24,120.35|Sensex77,569.391.08%H 77,642.23 · L 77,320.56|Bank Nifty58,045.91.39%H 58,251.95 · L 57,576.7|USD / INR₹95.370.01%H ₹95.37 · L ₹95.37|Gold Intl (10g)₹1,25,389.770.59%H ₹1,26,070.47 · L ₹1,25,359.11|Silver Intl (1kg)₹1,81,412.581.66%H ₹1,83,344.29 · L ₹1,81,059.96|Crude WTI₹7,060.243.67%H ₹7,076.45 · L ₹6,979.18|Bitcoin$63,8810.66%H $64,090.86 · L $63,671.14|Ethereum$1,810.90.65%H $1,816.76 · L $1,805.04|
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New Fund Offer (NFO)

The first-time subscription offer of a new mutual fund scheme.

Definition

A New Fund Offer (NFO) is the initial subscription period during which an asset management company launches a new mutual fund scheme, usually at a fixed unit price of ₹10. It is the mutual-fund equivalent of an IPO.

Example

During an NFO, investors can buy units at ₹10 each before the fund starts investing and its NAV begins to fluctuate.

See IPO & NFO center

Frequently asked questions

Related terms

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Browse the full financial glossary. Educational only — not investment advice.

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