Mutual fund
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 September 2011
Sir,
I had taken a sip(equity fund) of axis bank ltd in Jan -2011 for rs.2000/- per month and i am regular seeing that sip from jan-2011 till today has not plus as profit amount. this is going on regular minus. my a/c. current status is 1474 units. of rs.16000/- as 14774/- so kindly suggest me that should i continue my sip installment or not.....
And what is calculation of nav with example..........
Thanks in advance
I had taken a sip(equity fund) of axis bank ltd in Jan -2011 for rs.2000/- per month and i am regular seeing that sip from jan-2011 till today has not plus as profit amount. this is going on regular minus. my a/c. current status is 1474 units. of rs.16000/- as 14774/- so kindly suggest me that should i continue my sip installment or not.....
And what is calculation of nav with example..........
Thanks in advance
29 November 2011
Bankers might not be the best advisors when it comes to investments.
You may visit https://professorbajaj.wordpress.com/2011/07/28/banker-or-cheater/ to get a fair idea on the same.
NAV = Market Value of the assets / No. of outstanding units
You may visit https://professorbajaj.wordpress.com/2011/07/28/banker-or-cheater/ to get a fair idea on the same.
NAV = Market Value of the assets / No. of outstanding units
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Tax on Deemed Capital Gain
- Scrutiny and reopening of past returns
- F & O PROFIT REPORTING FOR AY 2026-27
- Booth for sales promotion
- Type of Capital Gain
- Regarding ITR filing with more value than showing in AIS/TIS
- ASMT-10 received from A O
- Rental income of jointly held property
- Accounting with Claude
- Difff in ais receipts and gst turnover
- ITR-3 File/Error Found
- Exiting partner in partnership firm in gst portal
- Taxability of credit in canara bank ET & T section (NRO)
- Consequences of Non-Deduction of TDS under Income Tax???????????????
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
