NFO
New Fund Offer. The initial subscription period for a new mutual fund scheme, similar to an IPO for stocks. Units are typically offered at Rs 10 NAV.
Related Terms
AMC
Asset Management Company. A firm that invests pooled funds from investors into securities such as st...
AUM
Assets Under Management. The total market value of investments managed by a mutual fund or portfolio...
ETF
Exchange-Traded Fund. A fund that tracks an index, commodity, or basket of assets and is traded on s...
Expense Ratio
The annual fee charged by a mutual fund or ETF as a percentage of assets under management. Lower exp...
Index Fund
A mutual fund or ETF that replicates a market index (like Nifty 50 or Sensex) by holding the same st...
Lump Sum
Investing a large amount of money at one time, as opposed to spreading it over regular intervals (SI...