What is NAV of mutual funds?

Net Asset Value or NAV is an important concept in mutual funds. NAV is the price at which you buy or sell mutual fund units. NAV of a mutual fund scheme is the market value of the securities in a mutual fund scheme net of liabilities divided by the total number of units outstanding. Asset management companies (AMCs) disclose NAVs of all mutual fund schemes at the end of the day, based on daily closing prices of securities. Investors should know that mutual…

What is NAV of mutual funds?

Net Asset Value or NAV is an important concept in mutual funds. NAV is the price at which you buy or sell mutual fund units. NAV of a mutual fund scheme is the market value of the securities in a mutual fund scheme net of liabilities divided by the total number of units outstanding. Asset management companies (AMCs) disclose NAVs of all mutual fund schemes at the end of the day, based on daily closing prices of securities. Investors should know that mutual…

SIP or systematic investment plan is a way of making customised periodic investments in a chosen mutual fund over a period of time. In this aspect, there are certain elements that can guide investors in the right direction so that they can take the best decision when it comes to investing their savings. Let us analyse this further.

Financial calculators have simplified decision making with regards to mutual fund investments. These are online tools that help one calculate an estimated…

Systematic withdrawal plan or SWP is a utility in mutual funds India through which you can draw a fixed amount from your mutual funds at a specified frequency, it could be monthly, quarterly or annual. In a SWP, you can select a date in a month when the withdrawal should be made and the predetermined amount will get credited to your bank on the specified day. You can continue the withdrawal till such time you have balance units in your mutual fund scheme account.

How does SWP work?…

Systematic withdrawal plan or SWP is a utility in mutual funds India through which you can draw a fixed amount from your mutual funds at a specified frequency, it could be monthly, quarterly or annual. In a SWP, you can select a date in a month when the withdrawal should be made and the predetermined amount will get credited to your bank on the specified day. You can continue the withdrawal till such time you have balance units in your mutual fund scheme account.

How does SWP work?…

Systematic withdrawal plan or SWP is a utility in mutual funds India through which you can draw a fixed amount from your mutual funds at a specified frequency, it could be monthly, quarterly or annual. In a SWP, you can select a date in a month when the withdrawal should be made and the predetermined amount will get credited to your bank on the specified day. You can continue the withdrawal till such time you have balance units in your mutual fund scheme account.

How does SWP work?…