NISM Series 12 Securities Markets Foundation Certification Exam Notes
Page 74 Of 93
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Overnight Funds: Invest in securities maturing in one day for safety.
Passive Fund Growth: SEBI encourages passive funds like ETFs for low costs.
Silver and Gold ETFs: Track precious metal prices, offering diversification.
NFO Process: New Fund Offers allow initial subscriptions to new schemes.
ASBA in NFOs: Extended to mutual fund NFOs for blocked funds.
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