An NFO (New Fund Offering) and an IPO (Initial Public Offering) both involve raising money from investors, but they serve completely different purposes.

An NFO is when a mutual fund launches a new investment scheme. Investors put their money into the fund, and a professional fund manager decides where to invest based on the fund’s strategy. It’s more about pooling money to invest in a mix of stocks, bonds, or other assets.

An IPO, on the other hand, is when a company sells its shares to the public for the first time. If you buy shares in an IPO, you become a part-owner of the company, and your returns depend on how well the company performs in the stock market.

So, the key difference? NFOs are about investing in a fund, while IPOs are about investing in a company.

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