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Feroze Azeez on why is it better to keep away from NFOs
"NFOs do not have an established expense ratio, an established portfolio constituent, an established track record. I do not know the behaviour of the fund manager in that specific scheme. So what is the merit of going for NFOs, I cannot fathom. I would not be an investor in NFOs unless it stands out and there is no other fund which can actually be in the same category or at least a fund which can compete."