During New Fund Offer (NFO), units are issued at2 pointsa) Issue Priceb) Face Valuec) Net Asset Valued) Market Price
Question
Solution 1
During a New Fund Offer (NFO), units are issued at Face Value.
Here's a step-by-step explanation:
A New Fund Offer (NFO) is the first subscription offering for any new fund offered by an investment company.
The units of the fund during the NFO period are offered at a fixed price which is Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
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