The FinTech Hub
Source: Live Mint NAV is a significant parameter or indicator for mutual funds. It merely represents the unit price of a scheme of a fund. It is calculated by reducing the liabilities of a fund from its assets and then dividing by outstanding units. NAV reflects the market value of investment of a fund and…
Source: Live Mint The number of Indians investing in overseas markets has shot up over the past few years. However, many popular international funds are now closed for fresh investments as they have hit regulatory limits and fund-specific caps, leaving investors with few options. In January 2022, the mutual fund industry hit Sebi’s $7 billion…
Source: Live Mint There is a view that in the growing pie of savings and investments, banks are losing out to mutual funds. That may be happening in the margins as India’s equity market has been on a bull run. But let us look at the big picture. While individuals are moving towards financialization of…
