I have the following queries regarding Mutual Fund.
1) When is the NAV of mutual funds updates? Is it updates throughout the market hours or only one update at the end of the day?
2) When the asset management company submit their fact sheet about the funds they are handling?
3) Suppose I redeemed some units of a fund, at what NAV will I get paid? Will it be based on the closing NAV of that particular day or the NAV of that particular instant in which I have made the order?
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