All you need to know about New Fund Offers (NFO) of mutual funds

A new fund offer (NFO) is a first-time subscription offer for a new scheme that has been launched by an asset management company. The fund house can launch an NFO around a theme or simply to complete their product basket.

from Wealth-Economic Times https://economictimes.indiatimes.com/wealth/invest/all-you-need-to-know-about-new-fund-offers-nfo-of-mutual-funds/articleshow/81563538.cms