SBI ETF – Quality: A NFO that you can consider

SBI Mutual Fund has announced the launch of its Exchange Traded Fund based on one of the NSE Strategic Indices.  SBI ETF – Quality would track the NSE 2011 Quality 30 index. The NFO is open between Nov 26 and Nov 30, 2018. In this short article, we look at the unique features of this

Mutual Fund NFOs – Why you should stay away

New Fund Offer (NFO) is done by a mutual fund house when they launch a new scheme/fund. Investopedia describes NFO this way: Promotion Promotion What is a ‘New Fund Offer – NFO’ A new fund offer (NFO) is the first subscription offering for any new fund offered by an investment company. A new fund offer occurs when