Don’t buy an NFO just because it’s new; choose funds

Nasser Salim, Managing Director, Flexi Capital, said investors should evaluate whether an NFO fills a gap in their portfolio instead of investing because it is a new launch. He favours the Aditya Birla SL BSE Total Market ETF for equity exposure and the Nippon India CRISIL IBX FAR Gilt ETF for debt, while recommending long investment horizons for contra funds, lifecycle funds and specialised investment funds (SIFs).

Source