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| Discuss Existing MF Vs NFO at the Mutual Funds Discussion Forum within the Traderji.com - Discussion forum for Stocks Commodities & Forex; NOPE there is no listing gains or anything. NFO is absolutely useless.... |
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#61
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NOPE there is no listing gains or anything. NFO is absolutely useless.
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#62
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mr india |
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#63
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Then why is that many apply for NFO for Open ended equity schemes, they can as well buy in market, where u can have ur money used for other userful things.
i applied for Rel natural resource fund, and till date nothing happens. waste of interest only. If it list on NAV of Rs 10 per unit, Then its absolutly useless on my investment |
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#64
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Probably you could check this thread out http://www.traderji.com/mutual-funds...mf-vs-nfo.html
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#65
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Quote:
If the category of NFO is already exist its better to choose existing MF after analysis of its performance. Vishal |
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#66
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Hi...
here are some insights the first the thing to keep in mind when investing in an NFO is to understand very clearly that 'at par' NAV has absolutely no role to play in your future returns. We invest with some objective. Also, we all have our own individualistic risk profile. It is, therefore, important to look at the NFO from these two perspectives – does it meet our investment objective and our risk profile. Under SEBI rules, mutual funds can charge up to 6% of NFO collections as marketing expenses to the scheme. These expenses are written off from the NAV over a period of 5 years. Considering the amounts NFOs have raised these expenses are quite substantial. for more insights u can go2 this page to read... NFO vs. Old MF Hope its useful. |
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