New Fund Offer
Investing in a Mutual Fund New Fund Offer (NFO) can offer several benefits to investors. NFOs allow investors to participate in new schemes at their inception, providing an opportunity to capitalize on potential early-stage growth. Existing mutual funds may have already experienced significant growth, limiting the potential for substantial returns.
Additionally, NFOs allow investors to diversify their portfolio by gaining exposure to different asset classes, market sectors or themes. They also provide professional fund management, ensuring expert handling of investments. Moreover, NFOs offer flexibility in terms of investment amounts, allowing investors to start with small investments and gradually increase their holdings.
Steps to invest in NFO:
Log on to HDFC sec website >> Mutual Fund >> My Tool >> NFO Watchlist