A mutual fund is a type of professionally-managed collective investment scheme that pools money from many investors to purchase securities and Invest in capital Market. By investing in mutual fund the investor became a part of owner of assets of mutual fund.
Features
-Pooling of Resources
-Professional management
Net Assets Value of Mutual Fund (NAV)
The NAV of MF is the amount of which the unit holder would receive if the mutual fund were wound up today.
Return to this investors-owner, emanate from the interplay of two elements (i) NAV and (ii) Cost of mutual fund. NAV will be calculated every trading day.
Features
-Pooling of Resources
-Professional management
Net Assets Value of Mutual Fund (NAV)
The NAV of MF is the amount of which the unit holder would receive if the mutual fund were wound up today.
Return to this investors-owner, emanate from the interplay of two elements (i) NAV and (ii) Cost of mutual fund. NAV will be calculated every trading day.
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