NFO

You can Invest at any moment. Investors frequently struggle with the decision of whether to continue with their current mutual funds or participate in New Fund Offers (NFOs). You can make a better choice if you are aware of the variations and possible advantages of each choice.
Like an Initial Public Offering (IPO) in the stock market, a new Mutual Fund scheme’s NFO is its first public offering. For a modest fee, usually ₹10 per unit, Investors can subscribe to the mutual fund units. The Mutual Fund units can be bought at their Net Asset Value (NAV) after the NFO term is completed.
Existing funds, on the other hand, have a track record because they have been in operation for a long time and have a far longer history. Based on the current NAV, investors can purchase units of existing funds and assess if they have historically generated positive returns.