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IPOs: What is the difference between IPOs and NFOs? What should be the key points to check?

Vivek Karwa says: “In a bull market, you tend to make money, but in bad markets, you tend to lose money also. So please always compare. NFOs are much safer. The fund manager takes care of the valuations, what he is investing, which company he is investing in. He has a research team. And hence, you are much more safeguarded.” ....

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