What does NFO stand for?

New Fund Offer

This definition appears very rarely and is found in the following Acronym Finder categories:

Business, finance, etc.

Other Resources:

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Samples in periodicals archive:

Problem: Investing in new funds led to big losses Had Aggarwal invested in the top rated equity mutual funds instead of new fund offers (NFOs), his loss over Rs 1 lakh would have been much lesser at Rs 11,000.

How not to invest

Investing in new funds led to big losses Had Aggarwal invested in the top rated equity mutual funds instead of new fund offers ( NFOs), his loss-- nearly Rs 75,000 -- would have been a profit of almost Rs 15,000.

How not to invest in mutual funds

However, time and again, investors have been advised to opt for an existing scheme, with a healthy performance track record rather test waters with a new fund offer (NFO).

India: ICICI Pru's Infra fund among best performing funds

The new fund offers three low-cost shares: Investor Shares, with an estimated expense ratio of 0.

Vanguard International Fund Begins Trading

Byline: shiv03 According to senior official from the Reliance Asset Management Company (AMC), the Reliance Infrastructure Fund has collected over Rs 25-30 billion in its new fund offer (NFO), reports Financial Express.

India: Reliance AUM garners over Rs 25 bn under Infra Fund

According to Jill Perry, Golden Oak Product Manager, this new fund offers diversification for investors interested in small public companies.

Citizens Bank Introduces New Small Cap Value Portfolio

Byline: pinto03 Principal mutual fund today said it has mobilised around Rs 834 crore(USD189mn) in its recently closed new fund offer Principal Pnb Fixed Maturity Plan-30 days Series I.

India: Principal MF garners Rs 834 crore(USD189mn) in FMP issue

The new fund offers an opportunity to take long-term action on climate change now, said ADB vice president Ursula Schafer-Preuss.

United Kingdom: Asian Development Bank starts new carbon fund