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, since IT sector would show a much higher growth rate than jute industry Rs 1000 may basically be over or under priced, which will not be the case with MF NAV.Net Asset Value is the market value of the assets of the scheme minus its liabilities. The per unit NAV is the net asset value of the scheme divided by the number of units outstanding
Posted in
Personal Finance & Tax by
Rocky Rocks
at
5:23 PM on October 05, 2008
there be a need for liquidity; one can always sell units worth the required amount at NAV....Dear Seeta,Growth plan means that your whole capital will stay invested and you will not get periodic share the dividends declared into the fund at the prevailing NAV, fetching you more units. In terms of its effect on your returns from the fund, the Dividend Re-investment option is no different from the Growth option
Posted in
Personal Finance & Tax by
seeta rani
at
6:29 PM on May 21, 2008
the NAV tables to find out how many funds have sailed to dizzying levels. Here goes: Birla Advantage Fund Rs 150 or so, in the growth option, Franklin Prima Rs 240, HDFC Prudence Rs 135, Reliance Growth RsThe NAV is decided on a regular basis. NAV per unit of fund is calculated when the total value of all shares purchased by the mutual fund company less expenses are divided by total units of mutual
Posted in
Personal Finance & Tax by
kapil sharma
at
9:29 PM on October 08, 2008
.Interval FundsInterval funds combine the features of open-ended and close-ended schemes. They are open for sale or redemption during pre-determined intervals at NAV related prices.By Investment Objective:Growth do not have a fixed maturity period. Investors can conveniently buy and sell units at Net Asset Value NAV related prices which are declared on a daily basis. The key feature of open-end schemes
Posted in
Personal Finance & Tax by
Rocky Rocks
at
5:13 PM on October 05, 2008
. Instead, it is given to the investor from time to time. In the growth scheme, all profits made by the fund are ploughed back into the scheme. This causes the Net Asset Value to rise over time. The NAV is the price of a unit of a mutual fund. That is why the NAV of the growth option will always be higher than that of the dividend option because money is going back into the scheme and not given to investors
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Personal Finance & Tax by
SRIKANTH A
at
3:54 AM on May 02, 2008
per unit on February 1. The Entry Load on the Mutual Fund was 2. On September 15, he sold all the units at an NAV of Rs 20. The exit load was 0.5.His growth/ returns is calculated as under: 1 Purchased = a / d = 980.392 units2. Calculation of NAV at the time of Salea NAV at the time of Sale = Rs 20b Exit Load = 0.5 or Rs.0.10c Applicable NAV = a b = Rs. 19.903. Returns/Growth on Mutual Fundsa
Posted in
Personal Finance & Tax by
Seema
at
11:44 AM on May 18, 2008
