A new fund offer is an excellent avenue for making investments at the time of a mutual fund initialization. To those who wish to diversify away from their existing set of portfolios or emerge further into other sectors, NFOs may become quite attractive. However, in the case of every fund, the exact investment calls need to be taken depending on the fund’s objective, history of performance, and experience of the fund manager. You can approximate returns on SIPs through a SIP calculator, keeping track of the growth of the investment over time. The NFOs will work together with the existing SIPs. Thus, one may invest a fixed amount regularly.
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