What is a New Fund Offer (NFO)?
An NFO is the initial subscription offer when a new mutual fund scheme gets launched. During the NFO period, the fund collects the initial investment amount from investors but no investments are started. Units get allotted and investment begins at the end of the NFO period. While there is no fixed duration for an NFO, it can last from a couple of weeks to over a month. Through Belong, you can access all the NFOs launched in GIFT City.