FREE Account Opening + No Clearing Fees
Loading...

What is NFO Zerodha?

Zerodha (Flat Rs 20 Per Trade)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

NFO Zerodha refers to the facility offered by Zerodha to its investors to apply online in New Fund Offer (NFO) of Mutual Funds. The Nifty (NSE) Futures and Options is also referred to as NFO in Zerodha.

A New Fund Offer is the first subscription offer announced by an asset management company (AMC) while launching a new mutual fund. Zerodha offers to invest online in NFO through the Coin website. The NFO helps the AMC to raise capital to finance its purchase of securities. NFO is also beneficial for the investors as it helps acquire the mutual fund units at comparatively cheaper rates than the existing funds.


Comments

Add a public comment...