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A mutual fund NFO or New Fund Offer is when a new mutual fund is launched and is offered to the public before it opens up to daily transactions. Very few mutual fund NFOs really merit the excitement they get. This is because there are largely two types of mutual funds - actively managed funds, and passively managed funds, and in most cases any new fund that's launched has a fund similar to it already available in the market. In such a situation, it makes more sense to buy into a fund that's already available, has assets under management, and some track record to go by. Yadnya's Book - 108 Questions on Mutual Funds & SIP is available here - https://goo.gl/WCq89k Find us on Social Media and stay connected: Facebook Page - / investyadnya Facebook Group - https://goo.gl/y57Qcr Twitter - / investyadnya