It is the official document issued by mutual funds prior to the launch of a fund describing the characteristics of the proposed fund to all its prospective investors. It contains information required by SEBI pertaining to issues such as investment objective and policies, services, and fees.
The period during which the initial offer to subscribe for the units of a scheme is open.
The price at which units can be bought from a fund.
The funds set up abroad to channelise foreign investments in the Indian capital markets. It is not subject to the tax laws of the holder's country.
Scheme of a mutual fund where purchase or sale of units is allowed on a continued basis.
The NAV disclosed by the fund for the first time after the closure of an NFO.
The risk that a better opportunity may present itself after you have already committed your money elsewhere.