Open a free Demat account & get ₹500 in stocks.Claim
Nifty 5024,277.60.23%H 24,277.6 · L 24,277.6|Sensex77,472.940.24%H 77,986.84 · L 77,472.94|Bank Nifty57,9850.82%H 57,985 · L 57,985|USD / INR₹95.420.01%H ₹95.47 · L ₹95.4|Gold Intl (10g)₹1,43,854.90.78%H ₹1,44,100.32 · L ₹1,42,587.96|Silver Intl (1kg)₹2,12,297.491.73%H ₹2,13,355.84 · L ₹2,08,877.05|Crude WTI₹7,797.310.62%H ₹7,840.25 · L ₹7,775.37|Bitcoin₹75,24,9430%H ₹75,25,088.45 · L ₹75,24,797.55|Ethereum₹2,37,9101.42%H ₹2,39,594.73 · L ₹2,36,225.27|Nifty 5024,277.60.23%H 24,277.6 · L 24,277.6|Sensex77,472.940.24%H 77,986.84 · L 77,472.94|Bank Nifty57,9850.82%H 57,985 · L 57,985|USD / INR₹95.420.01%H ₹95.47 · L ₹95.4|Gold Intl (10g)₹1,43,854.90.78%H ₹1,44,100.32 · L ₹1,42,587.96|Silver Intl (1kg)₹2,12,297.491.73%H ₹2,13,355.84 · L ₹2,08,877.05|Crude WTI₹7,797.310.62%H ₹7,840.25 · L ₹7,775.37|Bitcoin₹75,24,9430%H ₹75,25,088.45 · L ₹75,24,797.55|Ethereum₹2,37,9101.42%H ₹2,39,594.73 · L ₹2,36,225.27|

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

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