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Suppose a Nav cross 100 in Mutual Fund what happen? |
will they continue adding to it or will they issue a new unit (in growth). Only two things can happen in Growth MF schemes on the nav, it may go up or go down. Reliance growth fund's Nav is Rs 360+, Birla Sun Life equity is Rs250+. As an invested person your only choice is to rejoice when your fund's Nav touches 100 and keeps growing. The mutual fund company can just leave the NAV as is or if they wish they can even split the shares just like a stock can split. However splitting of course does nothing to the present value. nothing will happen , it will either go up or go down. the higher it goes, the more beneficial it is for the unit holders. NAV may increase or decrease in value based on the portfolio of stocks . If NAV is more ,there is a chance for issuing bonus units to attract more investor to buy the fund and more liquidity. It will become more than 100. it depends on your scheme |
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Try this website (Yahoo) and go to Yahoo Finance. They have a way to look up equities (stock, mutual funds, etc.). Otherwise, do a google search for other stock valuation websites. ...A mutual fund typically offers some liquidity. i.e. you can subscribe and redeem shares on a regular basis based on the calculated net asset value (NAV). A unit trust is sold on the open market, ... The net asset value (NAV) of a mutual fund is simply its assets minus its liabilities. In other words, NAV equals the fund's worth. If a fund has assets of $50 million and liabilities of $10 m... $100 is not a lot of money when it comes to investing. There is one option that I know of that you might wish to consider. Go to sharebuilder.com and buy $100 worth of RSP. It is an index fund i... It probably doesn't have a recognized ticker symbol on most websites, but you can look it up on Morningstar (ticker symbol F0002A, or use the link below). ...I get all my definitions on financial stuff from InvestorWords.com. I'm sure it has a good explanation of the term. They usually have at least a few definitions as well as links to related w... Caibx has a lot of expenses. If it is a free choice I'd put my money elsewhere. It has a 5.75% load and .25% 12b1 fee. It has a decent expense ratio but if you keep your fund for 5 years i... It's easy. Just type in the ticker symbol where it says get quote. After that you will have several options to choose from. You might use morningstar.com also. It is a great site. ... |
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