We are seeing a flurry of new fund offers (NFOs) getting launched by mutual funds (MFs). Fund houses are either filling the gaps in their product basket or launching funds that give investors option of a new investment theme or a sector.
Some of the NFOs have also gone onto collect record investor inflows. So, how should you be dealing with this sharp rise of NFOs? Should you add them to your investment portfolio or avoid? Under what conditions, does an NFO merit your investments?
In today’s episode of Simply Save Podcast, Moneycontrol’s Jash Kriplani talks with Kalpesh Ashar, certified financial planner and registered investment advisor, for answers on these and other questions around NFOs.