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Zerodha NFO Explained - Means, Steps to Apply and Charges

Published on Monday, March 22, 2021 by Chittorgarh.com Team

Zerodha NFO Explained - Means, Steps to Apply and Charges

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Zerodha offers to apply online in NFO through the Zerodha Coin website. Currently, the NFO Zerodha option is not available in the Coin app.

Zerodha NFO means opportunity provided by the broker to apply for NFO through Zerodha. NFO stands New Fund Offer. When an AMC launches a new mutual fund, it opens a new fund offer through which the fund house aims to raise money to purchase the underlying securities of the newly introduced fund.

There are no NFO charges in Zerodha. You can apply for NFO through Zerodha free of cost.

Steps to apply for NFO through Zerodha

  1. log in to Zerodha Coin website
  2. Expand the menu by clicking your name on the top right.
  3. Click on the NFO link to check the Open NFOs list.
  4. Enter the Amount and click the Place Order button.

 

NFO in Zerodha - Steps to Apply 1

 

NFO in Zerodha - Steps to Apply 1

 


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Frequently Asked Questions

  1. 1. What is NFO Zerodha?

    NFO Zerodha refers to the facility offered by Zerodha to its investors to apply online in New Fund Offer (NFO) of Mutual Funds. The Nifty (NSE) Futures and Options is also referred to as NFO in Zerodha.

    A New Fund Offer is the first subscription offer announced by an asset management company (AMC) while launching a new mutual fund. Zerodha offers to invest online in NFO through the Coin website. The NFO helps the AMC to raise capital to finance its purchase of securities. NFO is also beneficial for the investors as it helps acquire the mutual fund units at comparatively cheaper rates than the existing funds.

     

     

  2. 2. What is NFO in Zerodha?

    NFO in Zerodha stands for New Fund Offer. An NFO is the first time when a fund is offered for subscription by an AMC. The fund house aims to raise money to purchase the underlying securities through NFO.

    Zerodha allows its investors to apply online in NFO through the Coin website. You can open the website on your desktop/laptop or your mobile browser and log in to place an order. The NFO option is currently not available in the Coin app.

     

     

  3. 3. Can I invest in NFO through Zerodha?

    Yes, you can invest in NFO through Zerodha. Zerodha provides its investors to apply online in NFO through the Zerodha Coin website. The NFO order placement is currently not available in the Coin app.

    Zerodha maintains a list of active NFO on the Zerodha Coin website. The investors can go through the details of the NFO in the scheme information document and offer document to understand the fund objectives, the theme of the new fund offer, fund manager, lock-in period, returns, and cost of investment. These can be the deciding factors for the investors whether to invest in NFO or not.

     

     

  4. 4. How to find NFO in Zerodha?

    Zerodha maintains a list of active NFO on the Coin website.

    To find NFO in Zerodha:

    1. Visit the Zerodha Coin website - https://coin.zerodha.com.
    2. Click on Explore.
    3. Select 'NFO' from the list of values.

    A list of open NFOs in Zerodha gets displayed with the details of the fund name, ISIN, Offer closure date, and minimum subscription amount. To view the scheme information and offer document, click on the fund name. To invest in NFO, log in Zerodha Coin website.

     

     

  5. 5. How to apply for NFO in Zerodha?

    You can apply online in NFO through the Zerodha Coin website.

    Steps to apply for NFO in Zerodha:

    1. Visit the Zerodha Coin website.
    2. Click on NFO from the Explore option.
    3. Log in to start investing.
    4. Enter the Amount to invest for the desired fund name.
    5. Click on Place Order.

     

     

  6. 6. How to apply NFO in Zerodha?

    Zerodha currently offers to apply in NFO only through the Coin website. The Coin app does not support the NFO facility.

    To apply NFO in Zerodha, login to the Zerodha Coin website and perform the below steps:

    1. Go to the NFO section.
    2. Decide the fund name in which you would like to invest from the list of open NFOs.
    3. Enter the subscription amount in Amount to Invest.
    4. Click on Place order.

     

     

  7. 7. How can I get NFO in Zerodha?

    You need to open an account with Zerodha for mutual fund investments.

    The mutual fund account with Zerodha provides you access to the Zerodha Coin website that enables you to get NFO in Zerodha.

     

     

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2 Comments

2. Deepak   I Like It. |Report Abuse|  Link|August 8, 2021 5:19:54 PMReply
How much day, NFO show in my portfolio
Or
Is this my investment show in zerodha coin app portfolio
Or
1. Jasbeer Kaur   I Like It. |Report Abuse|  Link|April 22, 2021 3:23:50 AMReply
No option to fill payment details. How will they deduct the money?