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NFO Subscription Introduced by Paytm, will Allow Investments from 40 AMCs
August 27, 2019
India’s top online platform for mutual fund investments, Paytm Money said that it’s to start allowing its users to subscribe to New Fund Offers (NFOs) of mutual funds. Under this, it will allow investments in NFOs from all 40 AMCs.
A Paytm Money statement said that the company has ceased to focus on digitization and started investing in real-time transactions, daily portfolio updates, flexibility in SIPs management, etc.
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