​What is an NFO?

An NFO (New Fund Offering) is when an AMC launches a new mutual fund scheme for the first time. The fund house collects money through this offering to invest in the underlying securities of the fund. NFOs usually come with a limited subscription period and a starting NAV of ₹10.

How to Apply for an NFO on CubePlus
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1. Go to the Mutual Fund dashboard in the CubePlus app.
2. Tap on the "New fund offerings (NFO)" section under Easy Access.
3. Browse the list of open NFOs with details like launch date, closing date, and minimum investment amount.
4. Tap on the "Apply" button for the NFO you want to invest in.
5. Choose between SIP or One-Time investment.
6. Enter the amount:
6.1 For SIP: Enter SIP amount, choose a monthly date, and confirm SIP mandate.
6.2 For One-Time: Enter the lump sum amount.
7. Tap "Start SIP" or "Invest", then tap "Pay Now" to complete payment.
8. Once done, your order will be shown under the Orders section.

Tip: Apply before the NFO’s closing date to avoid missing the opportunity.​