Net Asset Value (NAV) is the price at which units of mutual fund schemes are bought or sold. Mutual fund NAVs are calculated on a daily basis based on the daily closing prices of the underlying securities in portfolios of individual schemes after making appropriate adjustments for the scheme’s expenses.
Which mutual funds to invest in is a common question which always strikes the mind of the investors before investing. However, very few follow the right way when selecting mutual funds for their long term or short term investment needs. However, if you are aware about your risk taking appetite,
According to Investopedia, Asset allocation is an investment strategy that aims to balance risk and reward by apportioning a portfolio’s assets according to an individual’s goals, risk tolerance and investment horizon. The three main asset classes – equities, fixed-income, and cash and equivalents – have different levels of risk and
Benjamin Franklin once said that, the only two certainties in life are death and taxes. Death is unavoidable, but taxes can be reduced under certain circumstances, provided you understand the tax laws of the country you are living in and make the right investment decisions. Unfortunately, even though investments in
Mutual funds offer a variety of smart and convenient solutions to address specific investment needs of the investors. Systematic Transfer Plan or STP is one such solution. Using STP, investors can transfer a fixed amount from one scheme to another at a regular frequency. A variant of STP, known as