What is NFO and how does it work?
New Fund Offer (NFO) is the first time new scheme fund offering to the public that is issued by the Asset Management Companies (AMCs). NFOs are offered when an AMC launches a new scheme with the objective of raising capital for purchasing securities.
There are 3 types of NFO:
Exchange Traded Fund (ETF).
To learn more about the types of NFOs, refer to this article.
How can I get to know if NFO is allotted one's allotment confirmed?
The units of the New Fund Offering (NFO) will be allotted and credited into the Client’s Demat account within 5 working days of the closing date of the NFO. You can also check the details of the same under Dashboard in ‘Fyers Direct’. For the ...
How does Rollover work?
Rollover is a two-legged transaction. In the first leg, the investor needs to square off the near month position. In the second leg, he/she will have to take a fresh position in the same direction in either the next month or the far month contracts.
How does futures trading work?
To buy or sell futures, the investor is required to place a certain percentage of the order value as margin. In futures trading, the investor uses leverage to buy or sell more of the security than what he/she could have taken in the regular cash ...
What are Open-Ended Funds/Schemes?
An Open-ended mutual fund schemes are available for subscription and repurchase on a continuous basis. These schemes do not have a fixed maturity period. It allows investors to enter and exit the fund anytime after the NFO, whereas a close-ended fund ...
Can I participate in the SME series IPOs in FYERS?
SME IPOs are a way for privately-owned Small and Medium Enterprises (SMEs) to sell their shares to the public for the first time, and they can be listed on the BSE SME or NSE Emerge platforms. SME IPOs are permitted in India if the post-issue capital ...