What is Expense Ratio in Mutual Fund?

What is Expense Ratio in Mutual Fund? Expense Ratio of Mutual Fund is one aspect which affects the returns or final amount of a Mutual Fund to a great extent.Mutual Fund companies run a business and to maintain it they incur many expenses, like agent or distributor...

What is Net Asset Value (NAV) Of Mutual Fund?

 Net Asset Value (NAV) Of Mutual Fund NAV of a Mutual Fund is based on the net assets, liabilities and units of the fund available. it can be said in simple term as the price at which you buy one unit of a Mutual Fund. Some people confuse it with share price of...

Mutual Fund Basics

Mutual Fund Definition. It’s a professionally managed asset which is handled by an asset management company, it includes money from a group of individuals and invested in assets as mandated by the fund. Example- let’s say the cost of a land is Rupees 15  Lakhs...