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Think of investing in an NFO only if it has something unique to offer and meets a financial need.

Sarbajeet K Sen

3 min read Last Updated : Jan 01 2021 | 6:10 AM IST

New fund offers (NFOs) of mutual funds have managed to mop up about Rs 21,173 crore this financial year (data as on November 30). Most NFOs hit the markets in bullish times when optimism is high, with the Sensex ending 2020 on a new high of 47,751.

Fund houses such as Axis, Kotak, BNP Paribas and UTI have filed offer documents for new launches with the Securities Exchange & Board of India (Sebi). So, NFOs will continue to hit the markets in the near future. It is advisable to avoid a fund until it develops a track record. But you may

Topics : mutual fund industry Investment strategies

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