NFOs decoded: Are they even worth it?
Chirag Muni advises caution in NFO investments due to risks and uncertainties. Waiting to analyze NFO background data is suggested. Diversified fund options are favored with a market cap allocation strategy for balanced market cycle participation. Further, while 43 NFOs were launched in 2023, 31 of them have not even given a 6% return and 14 have given a negative return.
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