The best part about such a huge inflow in the ICICI Pru Flexicap fund will be the expected low commission
Markets have been buoyed on higher hopes of earnings recovery especially in the small-cap segment on account of better than expected demand
If your portfolio requires a smallcap fund, you should consider the NFO as one of your options
The most unique feature of the Navi Nifty 50 Index Fund is the “lowest cost” compared to any other index scheme in the passive funds category
Mirae Asset’s India CEO Swarup Mohanty said these will be offered when the funds' underlying rules have been tested and get the regulator's nod
The minimum application amount during the NFO period is Rs 5,000, thereafter it will be in multiples of Re 1
HDFC Banking and Financial Services Fund: The NFO aims to generate long-term capital appreciation for investors
Financial advisors are of the view that first-time investors should stay away from NFOs and rather invest in funds that have a good history of returns