If your portfolio requires a smallcap fund, you should consider the NFO as one of your options
Mirae Asset’s India CEO Swarup Mohanty said these will be offered when the funds' underlying rules have been tested and get the regulator's nod
Invesco India Medium Duration Fund: The New Fund Offer (NFO) opens for subscription on June 29 and closes on July 13, 2021
The New Fund Offer will close on 9 July and the bond fund will be benchmarked against Crisil Dynamic Debt Index
Financial advisors are of the view that first-time investors should stay away from NFOs and rather invest in funds that have a good history of returns