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What is an NFO and can it be applied through Coin?

The purchase of NFOs through Coin is temporarily unavailable and will be made available soon.

An AMC opens a new fund offer (NFO) when it’s launching a new mutual fund. Through the NFO, the fund house aims to raise money to purchase the underlying securities of the fund it is launching.

To invest in NFOs, follow these steps:

  1. log in to
  2. Click on Apply now under Ongoing NFOs.