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.
Pak conflict: Indian QSR stock with Turkey ops in crossfire amid boycott calls
Jubilant FoodWorks may face business pressure due to rising India-Turkey tensions following Türkiye’s support for Pakistan. Its Domino’s Turkey unit, DP Eurasia, contributes significantly to