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What is Understanding NAV in Mutual Funds about?

A mutual fund is an investment vehicle that pools money from many investors and invests it in a portfolio of stocks, bonds, and other securities. The three main benefits of investing in mutual funds are professional management, low costs, and diversification. A mutual fund calculates its net asset value (NAV) per unit daily by taking the total value of all its assets, subtracting liabilities, and dividing by the number of outstanding units. This allows investors to purchase or redeem shares at the current N

Author

Rakesh Prajapati

Language

EN