1 / 4

Latest NFO Mutual Funds In March 2023.docx

Mutual funds are a popular investment option for retail investors who want to use industry best practices in finance and generate higher returns than those offered by savings or fixed deposits with minimal effort.<br><br>Mutual fund houses often launch new mutual fund schemes, New Fund Offerings (NFO) with their own set portfolio and market view.<br><br>In this guide, we will explain what NFO mutual funds are and list some of the new upcoming NFOs in mutual funds that will open for subscription in March 2023.<br>

Trading5
Download Presentation

Latest NFO Mutual Funds In March 2023.docx

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Latest NFO Mutual Funds In March 2023 Mutual funds are a popular investment option for retail investors who want to use industry best practices in finance and generate higher returns than those offered by savings or fixed deposits with minimal effort. Mutual fund houses often launch new mutual fund schemes, New Fund Offerings (NFO) with their own set portfolio and market view. In this guide, we will explain what NFO mutual funds are and list some of the new upcoming NFOs in mutual funds that will open for subscription in March 2023. What is an NFO An NFO is a new scheme launched by a mutual fund house to raise funds to buy securities. The money raised from investors during the offer period of an NFO is used to buy investment securities from the market. Like an IPO, an NFO is a new offer made by the Asset Management Company on a subscription basis. NFOs are often designed to cater to a specific group of investors interested in a particular type of portfolio that the fund is offering. Upcoming NFOs in mutual funds are not as much in the news as IPOs are. Types of NFOs Mutual funds can be classified into two types based on the level of flexibility for investors: open-ended funds and close-ended funds. Open-ended funds

  2. An open-ended mutual fund announces buying new shares on a specific date. The units can be purchased for open-ended mutual funds during or after a new fund offering. Usually, the number of units is not restricted for open-ended funds, and investors can buy or sell (redeem) them through brokerage firms. The fund house releases daily reports on the fund's Net Asset Value. Close-ended funds Units of a closed-ended fund can be bought only during its launch and redeemed only when its tenure of investment is over. These funds have a fixed maturity date and are often listed on stock exchanges for trading. The number of units issued is limited, and the units can only be traded on the stock exchange during the specified trading hours. Upcoming NFO mutual funds in March 2023: The names of the NFO mutual funds in March 2023 are given below. Date of offer close S.no Name of the company IDFC US Treasury Bond 0 1 year Fund of Fund (G) 23 March 2023 1 20 March 2023 JM Corporate Bond Fund (G) 2 HSBC CRISIL IBX Gilt June 2027 Index Fund (G) 20 March 2023 3 15 March 2023 UTI Long Duration Fund (G) 4

  3. 15 March 2023 Navi ELSS Tax Saver Nifty 50 Index Fund (G) 5 Aditya Birla Sun Life CRISIL IBX Gilt April 2028 Index Fund (G) 14 March 2023 6 HSBC CRISIL IBX Gilt June 2027 Index Fund Direct-Growth 20 March 2023 7 Baroda BNP Paribas NIFTY SDL December 2028 Index Fund Direct-Growth 23 March 2023 8 Mirae Asset Nifty SDL June 2028 Index Fund Direct-Growth 28 March 2023 9 Benefits of Investing in NFOs Investing in NFOs offers numerous advantages, such as: ● Investment in New Strategies: Close-ended funds provide access to new and innovative investment strategies that may not be available through existing open-ended funds. ● Great Flexibility: Close-ended funds allow for flexibility in timing your investment. Even during a market peak or bad investment timing, the fund manager can hold a portion of your funds to invest later. ● No Large Flows: Unlike open-ended funds, investors in close-ended funds are locked in for the tenure of the fund. This allows the fund manager to focus on proper stock selection and tracking. Investment in close-ended funds can only be made through NFO. ● Lock-in Support: The 3-4 years lock-in period provided by close-ended funds helps prevent investors from engaging in lousy investing behaviour. Investors who stay in the market longer can avoid impairing their returns.

  4. For more Infor Contact: https://tradingbells.com/contact-us On a Close note A thorough understanding of NFOs and their potential benefits can lead to promising investment opportunities. By conducting proper research and being aware of the activation date of an NFO, investors can capitalise on good investment schemes and potentially increase their wealth. It is recommended to carefully read and understand the terms and conditions of the investment product before making a final decision.

More Related