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 http://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 http://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
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