New fund offers (NFO) in mutual funds is similar to initial public offering (IPO) where a company before launching its share on the stock exchange offers the shares to the investors for subscription. In a similar manner, before launching the fund officially in the market the mutual fund houses offer the units so that investors are able to make an investment in that particular fund.
Tata Motors demerger, business split update: Shareholders to vote on May 6
Tata Motors will hold an equity shareholders meeting on May 6, 2025, to vote on restructuring its commercial and passenger vehicle businesses. The proposal includes
April 5, 2025