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NFO investing carries a no-track-record disadvantage. The Rs 10 starting NAV is psychological, not financial. Most NFOs offer little vs existing schemes.
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Market-risk disclaimer. Mutual fund investments are subject to market risks. Past performance is not indicative of future returns. NFOs have no track record; risk premium applies.
Step-by-step procedure
See the procedure infobox above for the six steps.
Step-by-step procedure for adding a joint holder to an existing mutual fund folio. Covers KYC requirements, operating mode selection, AMC …
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