New Fund Offer (NFO)

All NFOs in India are regulated by the Securities and Exchange Board of India (SEBI). AMCs must file a Scheme Information Document (SID) and Key Information Memorandum (KIM) with SEBI before launching any NFO. Investors can access these documents on the AMC's website and SEBI's portal for detailed risk and scheme information.

Most open-ended NFOs do not have a lock-in period, though they may have an exit load if redeemed within a specified period (e.g., 1 year). Closed-ended NFOs have a fixed maturity period, during which redemption is not allowed. ELSS-category NFOs have a mandatory 3-year lock-in period.

NFO investments are taxed the same way as regular mutual funds:

Equity funds held for more than 1 year: Long-Term Capital Gains (LTCG) above ₹1.25 lakh taxed at 12.5%
Equity funds held for less than 1 year: Short-Term Capital Gains (STCG) taxed at 20%
Debt funds: Taxed as per your income tax slab (as per current rules post April 2023)
Always consult a tax advisor for personalised guidance.

Yes, NFOs carry inherent market risks just like any mutual fund investment. Since a new fund has no historical performance data, assessing future returns is harder compared to established funds. Investors should read the Scheme Information Document (SID) carefully and consult a financial advisor before investing. Mutual Fund investments are subject to market risks.

Before investing in an NFO, evaluate:

Fund objective & theme (e.g., value investing, index-based, sector-specific)
Fund house credibility and AMC track record
Scheme type (open-ended vs. closed-ended)
Expense ratio and exit load terms
Your investment horizon and risk tolerance
Lock-in period, if applicable (especially for ELSS-type or closed-ended NFOs)

Not necessarily. An NFO is priced at face value (₹10/unit), which can seem attractive, but low NAV does not guarantee better returns — what matters is the fund's investment strategy, portfolio quality, and management. Existing funds with a proven track record can often be a safer choice for risk-averse investors. Consider your financial goals, risk appetite, and the fund's investment objective before deciding.

For open-ended funds: The fund opens for regular purchase and redemption at the prevailing NAV, usually within a few weeks of the NFO closing.
For closed-ended funds: No further investments are accepted after the NFO period. The fund is managed for a fixed tenure, and at maturity, investors receive their corpus with returns.

The NFO subscription period typically lasts between a few days and a few weeks. Closed-ended NFOs have a strict cut-off date and cannot be invested in after the window closes. Open-ended NFOs reopen for regular investment at NAV after the initial subscription period ends.

Sharekhan's NFO page is updated regularly with the latest open NFOs. As of April 2026, you can browse the current NFO list, including fund details like scheme type (open-ended or closed-ended), category, and investment dates, directly on the platform. NFO availability changes frequently, so check the page for real-time updates.

You can view all current and upcoming NFOs on Sharekhan's dedicated NFO page at sharekhan.com/mutual-funds/upcoming-and-current-nfo. The page lists each NFO's name, scheme type, category, subscription start and close dates, and minimum investment amount.

Log in to your Sharekhan account, go to the NFO section, select your preferred scheme, click "Buy", enter the investment amount, and confirm after reviewing the details. You can also use the Sharekhan mobile app to invest in NFOs on the go.

Typically, NFOs are lump sum investments made during the subscription period. However, once an open-ended NFO closes and the scheme is launched, investors can start a SIP in that fund for regular, disciplined investing. The availability of SIP post-NFO depends on the specific fund house's terms.

Yes, you need a demat and trading account with Sharekhan to invest in NFOs through the platform. You can open a free demat account online in as little as 15 minutes. A demat account ensures your mutual fund units are held securely in electronic form.

You can invest in an NFO on Sharekhan by following these steps:

Visit www.sharekhan.com and click on "Trade Now"
Log in with your credentials
Navigate to the NFO section
Select the desired scheme and click Buy
Enter your investment amount
Accept the Terms & Conditions and click Place Order
Review your profile details and confirm the order

Most NFOs listed on Sharekhan allow investments starting from as low as ₹100. The exact minimum investment amount varies by fund and scheme type. You can check the minimum investment for each current or upcoming NFO directly on Sharekhan's NFO page.

There are two main types of NFOs:
Closed-End NFOs: Open for subscription only during the NFO period (typically a few days to weeks). They have a fixed maturity date, after which investors receive their principal plus returns.
Open-End NFOs: Available for purchase at face value during the NFO period. After the NFO closes, the scheme reopens and allows investors to buy or sell units continuously at the prevailing NAV.

An IPO (Initial Public Offering) is when a company offers its shares to the public for the first time to raise capital. An NFO is when a mutual fund house launches a new fund scheme for public subscription. While both are initial offerings, an IPO gives you equity ownership in a company, whereas an NFO gives you units in a mutual fund scheme managed by a professional fund manager.

An NFO, or New Fund Offer, is the first-time subscription offering launched by an Asset Management Company (AMC) when it introduces a new mutual fund scheme to the market. Similar to an IPO in the stock market, an NFO allows investors to purchase units of a new fund at a face value (typically ₹10 per unit) before the fund is listed and begins regular trading at its Net Asset Value (NAV).

You can place a purchase order online by following the below steps:

Open www.Sharekhan.com in browser > Click on “Trade Now” > Enter Login Credentials and click on submit > Click on NFO > Click on radio button against the scheme and click on Buy > Enter the amount > Click onthe box against Terms and Conditions and click on Place Order> Verify the complete profile and then click on Confirm.

Click here to check and apply for current NFO.

Click here to check and apply for current NFO.

Click here to check the schemes under NFO.