A New Fund Offer (NFO) marks the beginning of a new mutual fund scheme. Through an NFO, the fund house invites investors to subscribe to units of the new scheme. It’s the initial phase when the fund is available for investment, usually with a set subscription period. Once this period ends, the NFO closes, and …
As the financial landscape continues to evolve in 2024, investors are always on the lookout for promising opportunities to diversify their portfolios and maximise their returns. New Fund Offers (NFOs) present one more avenue, offering investors a chance to participate in freshly launched mutual funds or investment schemes. January 2024 is set to usher in …
What Is a New Fund Offering? A New Fund Offering (NFO) is the initial offer of a mutual fund or Exchange-Traded Fund (ETF) to investors. It is similar to an Initial Public Offering (IPO), where a company raises money from the public by selling shares. During an NFO, investors can buy units of the fund …
What Is a New Fund Offering? A New Fund Offering (NFO) is the initial offer of a mutual fund or Exchange-Traded Fund (ETF) to investors. It is similar to an Initial Public Offering (IPO), where a company raises money from the public by selling shares. During an NFO, investors can buy units of the fund …
TRUST Mutual Fund has launched a new open-ended equity scheme named TRUSTMF Flexi Cap Fund. This fund aims to provide long-term capital growth and income by actively investing in a diversified portfolio of equity and equity-related securities across all market capitalizations (Large, Mid, and Small Cap) along with debt and money market instruments. The New …
An Ambitious Entry into Equity Funds Trust Mutual Fund, known for its fixed-income offerings, has made a bold move into the equity space with the launch of its flexi cap fund. The TRUSTMF Flexi Cap Fund, an open-ended equity scheme, has garnered a substantial Rs. 510 crore during its New Fund Offering (NFO) period, which …
Tata Mutual Fund offers the Tata Nifty500 Multicap India Manufacturing 50:30:20 Index Fund, an open-ended index fund that aims to mirror the performance of the Nifty500 Multicap India Manufacturing 50:30:20 Index (TRI), though tracking errors may occur. The scheme does not guarantee returns. Launched on April 8, 2024, the new fund offer closes on April …
Tata Mutual Fund launched a new open-ended index fund named Tata Nifty Realty Index Fund. This fund aims to mirror the performance of the Nifty Realty TRI (Total Return Index), subject to tracking error. There is no guarantee that the fund will achieve its objective or deliver any returns. The minimum investment amount is Rs …
Tata Nifty Financial Services Index Fund, launched by Tata Mutual Fund, is an open-ended index fund that aims to mirror the performance of the Nifty Financial Services Index (TRI). The scheme doesn’t guarantee returns but seeks to deliver results similar to the index, with a minimal tracking error. There is no entry load, but an …
Tata Mutual Fund has launched a new open-ended gold exchange-traded fund (ETF) named Tata Gold Exchange Traded Fund (NFO). The fund aims to generate returns that mirror the performance of physical gold in domestic prices, but it’s important to note that there’s no guarantee of achieving this objective. The new fund offer (NFO) opened on …
