Mutual funds are market linked investments. The prices of the underlying securities e.g. stocks, bonds etc of a mutual fund scheme can go up or down depending on market movement. The Net Asset Value (NAV) of a scheme reflects the market value of the underlying securities. Accordingly, the NAV of a scheme can go up or down...
Net Asset Value or NAV is a very important term in the lexicon of mutual funds. NAV is the market value or price of one unit of a mutual fund scheme. It is the per unit price you pay or get when you are buying or selling (redeeming) mutual funds. You should know the correct NAVs of your mutual fund schemes when you are filing...
Global equity markets were highly volatile in the first half of the year due to high inflation and the War in Ukraine. Unlike the past, Indian retail investors showed a lot of maturity in volatile markets and most investors continued their Systematic Investment Plans (SIPs). As per AMFI monthly SIP data, monthly SIP inflows dipped...
India celebrated the 75th anniversary of her Independence a few days back. As we celebrate the 75th anniversary of India?s independence, we should also think and plan for our financial independence, and should be an important financial objective for all of us. In this article, we will discuss what financial independence means, how...
