What is an NFO? | 1-minute explainer
Zee Business Video Team | Updated: May 11, 2022 03:30 PM IST
What is an NFO? NFO stands for New Fund Offer. For stocks, there is Initial Public Offering (IPO) and for mutual funds, there is NFO. Asset management companies open up NFOs whenever a new fund is launched in the market. Here is all you need to know.