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.Continue Reading

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A Systematic Investment Plan (SIP) is a periodic mandate that is given to the mutual fund company (AMC) to deduct a fixed amount from your bank account at a fixed frequency like, daily, weekly, fortnightly or monthly as per the ECS/ Auto debit mandate and invest the amount in aContinue Reading

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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 andContinue Reading

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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 inContinue Reading

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What is NAV of Mutual Funds is a common question asked by the investors while investing in mutual funds. NAV of mutual funds stands for Net Asset Value and is the unit price of a Mutual Fund scheme. Mutual Funds are bought and/or sold on the basis of NAV. NAVContinue Reading

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