New Fund Offerings (NFOs) differ from normal lump-sum / one-time or SIP orders. They have a specified subscription period during which investors can apply for units. After the subscription period ends (NFO Close Date), the allotment process begins at the AMCs' end. Within 7 business days of the NFO close date, AMCs are required to process unit allotment and confirm the same to investors.
Why is my NFO order not completed yet? Print
Modified on: Wed, 29 Nov, 2023 at 12:09 PM
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