Investment: NFO is also not less to make money, the opportunity to invest in the new scheme of mutual fund..

Many investors plan to invest in the stock market for quick profits. However, investing in the stock market is quite risky. Many times a lot of money is lost in one go. In such a situation, forget about profit, there is a loss even in the amount invested. To avoid loss, many investors invest in mutual funds. Just like IPOs come in the stock market, NFOs (New Fund Offers) also come in the same way. If you want to get good returns by investing in a new scheme of a mutual fund for the long term, then you can invest in these NFOs.

What is NFO?
Just as a company sells shares for the first time through an IPO, this is also almost similar. Through an NFO, a mutual fund company i.e. asset management company sells units to investors for the first time in a new scheme. It has a time limit. Just like there is a time limit for bidding in an IPO. During the period of NFO, investors who want to invest in it can buy the units of that mutual fund scheme at face value.

Investors like it.
Like IPO, investors are gradually getting attracted to NFOs. Given this, many mutual fund companies are bringing their NFOs. The purpose of NFO is to raise funds from investors for investment. This fund is used as a specific asset class or sector investment.

Opportunity to invest in these NFOs
1. Bandhan Business Cycle Fund
Duration: Till 24 September
Category: Equity Thematic
How much investment: Minimum Rs 1000. Any amount after this. There is also a facility for SIP.
Lock-in period: Nothing.