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Is it better to invest in new fund offers (NFOs) rather than existing funds?

Dhirendra Kumar says that it's better to avoid NFOs. Here's why

Transcript: No. When you invest in a mutual fund, all you have is its past track record. This is not so much about what kind of return it has given in the past but primarily how it has behaved at different points of time, so you are prepared for what this fund has done and what principles it follows.

This article was originally published on August 08, 2017.


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