During New Fund Offer (NFO), units are issued at
Question
During New Fund Offer (NFO), units are issued at
Solution
During a New Fund Offer (NFO), units are typically issued at a fixed price, usually at 10 rupees per unit. This is the initial price at which investors can purchase units of the fund. After the NFO period, the units are traded at net asset value (NAV), which can be more or less than the initial price depending on the fund's performance.
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