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When an asset management company introduces a new mutual fund scheme that is called New Fund Offer (NFO). It works on a first-come-first-serve basis for the general investors to subscribe. It is launched in the market to raise capital from the public in order to buy securities like shares, govt. bonds etc. from the market, also it is launched to complete fund house's product basket, or if there is a demand from investors for a particular investment theme. Fund Offerings NFO can be open-end or closed-end . Closed end funds, can be bought only during the offer period, while an investor can purchase units of an open end fund anytime. New exchange traded funds are also first offered through a NFO. Clearing the misconception: NFO is not like an IPO An NFO is often confused with an IPO, but it is important to note that an Initial Public Offering(IPO) is quite different from a New Fund Offer(NFO) In an IPO, a company is raising funds from the public but An NFO is not a...

In our previous post Statewise list of Hill Stations in India - List 1, you have read the list of hill stations in first 10 states of India. Now let's find out list of hill stations in next 10 states: Jharkhand Jharkhand known as ‘The Land of Forests’ is a destination for nature lovers. It is a home to unexplored hill station which are generally covered with dense green forests. The natural beauty along with its several attractions such as holy shrines and wildlife sanctuaries, together contribute in Jharkhand tourism. Netahat Hills Giridih Hills Ghatshila Hills Hazaribagh Hills Ranchi Hills Jamshedpur Hill Station Parasnath Hills Khandoli Pahari Sati hills Canary Hills Dalma Hill Station Karnataka Karnataka is a state known for its ancient sculptured temples and modern cities. A land known for its spices, silks and sandalwood. Karnataka remains unexplored and yet it has so much to offer to young travelers and people couples who are looking to break f...

Do you have a job interview?  there are certain things you will need to do in advance to prepare and some points to keep in mind during interview. This article will provide you practical tips on how to prepare for a job interview. Following this guide step by step can ensure you make a positive impression on interviewer: 1. Practice to answer basic questions: There are several questions that you’re pretty much  guaranteed to be asked, for example:  Why do you want to work with us? What are your strengths and weaknesses?  and Where do yo see yourself in next five years? etc So, be prepared.. 2. Study your resume: Your resume is all the interviewer has to go by in order to get to know you. They may pick things out from it and ask questions. Even though you'll have a previous job listed that was a few years ago. the interviewer may ask you to explain. 3. What to bring to a job interview?:   Prepare all the necessary documents like Resume, ID ...